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 gave a buy signal this week and I am long GDX/GLD in halves. The weekly gold chart printed a bullish harami candlestick formation which has been a very reliable reversal formation in gold (green boxes on chart.) This has occurred off moderately strong fibonacci support at the first level identified in my last post. There still […]
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