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Trading Log: $GDX,$USO looks a good play for next week

I am surprised by the strength of the gold stocks really. My GDX trade end up in 8% profits but the stupid thing is that on exchange rates i gave back nearly 4%!

However, we see an inverted hammer from friday’s close. RSI looks overbought. we will hope that it retreats back to the 39 dollars region which will be a good entry point for me.

Kyith

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