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	Comments on: GLD Target Hit, At Support	</title>
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		By: GetItRiight		</title>
		<link>https://rightsideofthechart.com/gld-target-hit-at-support/#comment-2879</link>

		<dc:creator><![CDATA[GetItRiight]]></dc:creator>
		<pubDate>Mon, 14 Nov 2016 15:41:19 +0000</pubDate>
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					<description><![CDATA[Randy, if you extend that &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line on the GDX chart, it should line up with the current GDX levels, which is what I have on my chart. On a third bounce, we should have a good &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.&#039;&gt;reaction&lt;/abbr&gt;, I would think.]]></description>
			<content:encoded><![CDATA[<p>Randy, if you extend that <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line on the GDX chart, it should line up with the current GDX levels, which is what I have on my chart. On a third bounce, we should have a good <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr>, I would think.</p>
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