Sunday, November 09, 2008

Gold Miners GDX H&S Bullish reversal.


After three legs down from July's high GDX is turning up in reversal H&S, it is important that RS will be formed above 20 for powerful come back. Watch the US Dollar as we have pointed before. With strength in Gold this sector will fly back to normal valuations very fast. We need just 1% of all money allocated to equities to change this game forever.

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