Major New Upleg in GDX Shares to Follow Major Rise in Gold -If gold takes off higher to begin a major new upleg, then it follows that gold and silver stocks should do likewise, and we can see on the latest 3-year weekly chart for GDX that it is position to do just that. The setup looks very similar to that for gold itself and therefore no further discussion is necessary, save to say that this looks like a great entry point for the sector.
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