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Gold to Reach New Highs - Precious Metals Projections - April 2023

Sprott Money News

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The GDX Is a Crowded Play With Some Upside Potential

The next key levels on this chart, I think it would be somewhere right through this whole consolidation phase. The silver miners are equivalent to trading right into this kind of previous high. And so they're already right at resistance as well. If it can break above that $36, this 36 upper band, I mean, it could really pick up speed very quickly and go back up to this 40 range.

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