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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