gdxbullishwicksatfibsupportnov14

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Gold miners have had little to smile about for the past few YEARS! 

Gold Miners ETF (GDX) last week hit its Fibonacci 161% extension level and in doing so, looks to have created a bullish wick at this potential support level.

Are we seeing another bullish wick this week?  The week is not over with at this time, could be though!

 

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How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past