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TECHNICAL ANALYSIS OF GLOBAL FINANCIAL MARKETS STRATEGIC OVERVIEW OF MACRO ECONOMY & GEOPOLITICS

GDX big picuture!

Senior Gold Miners (GDX, $31.34) continues to consolidate within falling wedge formation for 1.5 years. In previous 2 occasions, the advance lasted 5-6 months following break-out and yielded over 150%. Successful break-out should take GDX to $75 - 77 level if history repeats!

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