Don't ignore this bullish signal

People may want to vomit if you start to mention oil or gold. Hardly anyone is interested in them, letting along putting money into them. This is kind of sentiment you usually see at the bottom, not at the top. But let me be clear, I don't think the ultimate bottom for both has necessarily been touched. More pain may still continue for a while, but we are damn close to the pivotal point, if not yet there!
But today's price action for both gold and oil mining companies is really bullish at least for short term. See the two charts below. For gold miners (GDX), it opened very low but closed high while gold was not doing that great. For oil stocks (XLE), it was more impressive: opened very low but recovered from all the loss and closed high, in the context of crashing oil prices. This usually suggests a short-term bottom is in and the sectors want to go up from here. I bet 10-20% increase is possible. Of course, no guarantee and it is still risky for them as any black swan type of news could easily turn them upside down. Trade accordingly and be ready to lose.