Gold Miners Index (GDM) stuck in a trading range
The Gold Miners Index (GDM) is battling a strong reversal area (support and resistance) located at $949.70. This has been going on for well over a year. This area is filled with multiple reversals. We love the “gold bug” commentators for their enthusiasm, but they are focused on the wrong information. See stock chart below.
| Gold Miners Index (GDM) |
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