Daily Archives: November 11, 2024
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16Sep11:35 amEST
One Market's Elevation is Another's Runway
Precious miners are pausing at their mid-July highs this morning, which is apparent when one views the daily charts for GDX and GDXJ. On the longer-term timeframes, such as the GDXJ (ETF for junior gold miners) weekly, below, we can see this $49 area stretches back over ten years as being a significant price area. The net result of all of this...