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Swing Trading

GDX Continued

Let’s pick up where we left off yesterday on the gold miners index (GDX). Please observe the chart below. Yesterday’s combination of large volume selling in gold (/GC), an overcrowded bias of GDX to the long side, and a weaker stock market […]

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FOREX Trading

Despite Subsiding Fears, Gold, Silver, and Bond Hit New Annual Highs

The day started out fearful, pushing equities lower and volatility higher. High volatility has continued as the Brexit concerns continue, strengthening the yen. The yen has acted as a safe haven currency, as we have discussed, as short yen positions are covered. […]

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