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Divergences that matter?

This is a syndicated repost published with the permission of Gold Traders Almanac. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The HUI FCS now is up 26.5% in the current GDX trade. Price bars have formed a large bearish harami, a two Chinese candlestick formation. This could indicate a larger scale retreat from here.  However, candlesticks are not reliable enough to trade on alone and the larger picture appears to be a bullish break out with more upside and maybe a […]

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