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NFTRH; Reviewing the Parameters in Gold Stocks (medium priority)

When the bounce began in gold stocks (GDX, HUI, etc.) we used the green shaded zone below as critical support to a continued bounce. GDX held there and bounced to the 50 day moving average, which coincides with the potential Inverted H&S’s neckline. A handy resistance point for sure. Today GDX is declining back to a test of the support zone and the same rule … Continue reading NFTRH; Reviewing the Parameters in Gold Stocks (medium priority)