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ITMS

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Wednesday, 05/16/2012 11:59:01 AM

Wednesday, May 16, 2012 11:59:01 AM

Post# of 784
Bounce For Profit: Metal Stocks Holding Major Supports


The metal stocks continue to hold key support levels on their daily charts. Stocks like Goldcorp Inc. (USA) (NYSE:GG) and Silver Wheaton Corp. (USA) (NYSE:SLW) are into major support as shown in the chart below. These stocks have seen a dramatic decline in recent months as the Dollar has surged and gold and silver have fallen. The SPDR Gold Trust (ETF) (NYSEARCA:GLD) hit a 52 week high in 2011 at $185.85. Today, the low was $148.98. ...Continue reading here: http://bit.ly/JriEtw
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