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GDX: Alert 2: 27.04.2021

Five days ago I issued a reversal Alert on GDX as it formed a Bearish Engulfing on the daily scale, rejecting the rally to below the 36.28 level. The last 3 trading days confirmed the concern by the formed candles. As I indicated in my monthly update on April 1, “a (bullish) reversal would be…

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