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- Peter Goodburn
COMMODITIES OUTLOOK - Gold Miners Under Siege as Bullion Holds Up
In This Edition: There are disparate intermediate-term Elliott Wave pattern developments between underlying commodities and their equity counterparts. Many are continuing the 1st phase/wave of major uptrends that began last year whilst others have already completed a corrective 2nd phase/wave and are resuming higher in the preliminary stages of a 3rd event. There are commonalities though – as there is a medium-term positive correlation between the underlying commodities and related equities, ...
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