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[franklin]

This blog recaps the past year in gold, silver, GDX and the dollar, concluding:

"It looks as though the bulk of the correction is done in terms of price,
though not in terms of time. Gold may need to creep along the bottom
of its [weekly] channel for quite a while to form a base for the next rise
to the top of the channel to challenge its March high."

Good luck and good trading!