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Market Vectors Gold Miners ETF: Forming A Top

Market Vectors Gold Miners ETF: Forming A Top

Figure 1 is a weekly chart of the Market Vectors Gold Miners ETF (symbol: GDX). The pink and black dots represent key pivot points or areas of support (buying) and resistance (selling). There are two bearish signs that point to GDX forming a market top. Figure 1. GDX/ weekly Bearish sign #1 is the double [...]

July 23, 2010 | 0 Comments More