Joined: 15 Apr 2010
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Mon Feb 07, 2011 3:20 pm Reply with quote
The Market Vectors Gold Miners ETF(NYSE:GDX) is trading lower this morning by 0.02 cents to $56.09 a share. The GDX will have short term intra-day support around the $55.79 level. Should the popular gold mining ETF slide lower traders should watch the $55.25 area as the next important intra-day support area. Both levels could see small intra-day bounces.