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Gold (GLD) and Gold Stocks (GDX) continue to deal with key overhead resistance at (1) in the chart above. The price action in Silver remains a positive, yet for some reason, should this resistance in Gold hold here, it could spill over into Silver and Copper! Gold is totally capable of breaking resistance, if it does, the relative out performance in Silver should continue! We are overweighted towards SLV/SIL right now, yet watching Gold very closely due to key resistance.