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Miners finding strong buying even amidst heavy equity and gold selloffs. Bottom definitely in.
Not a bottom if gold continues decline... short term bounce from highly oversold conditions.
Miners are sold off relative to gold and to equities. They could (and need to) rebound quite a bit without either rallying.
ratio breakout. Bottom is in.
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Direxion Daily Gold Miners Index Bull 3x Shares ETF
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