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The Power of the Pattern shared that a 13-year opportunity looked to be at hand in the chart below, post a few weeks ago (see post here) The past month has been very good for mining stocks and the ETF (GDX).
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The above chart reflected a long-term support line was at hand in the XAU index and a nice rally has taken place over the past few weeks once this support line was hit.
Members are long GDX due to this support line, with a trailing stop.
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