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Looking for Another Precious Voyage

lUnZIii

Constructive action in the precious metals miners today, both gold and silver.

The recent consolidations have been filled with plenty of gaps and whipsaws, as you might expect. However, looking at the daily charts for the junior gold and silver miners, respectively, you can see the tightening price pattern with potential to break higher yet.

They have not yet confirmed secondary breakouts. But I like what I am seeing here. Also note the uptick in the silver miner ETF buy volume today.

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GDXJ

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SIL

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