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Saturday, March 5, 2011

GDX Gold Miners Weekly Chart

Surprised to see that gold price moved up to make a higher high but GDX has not. Price flirts with making a right shoulder for an H&S that targets 43 considering a 63 head and 53 neck. GDX came back up to back kiss the lower trend line, it appears to be rolling over now. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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