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I have grouped together a few similar ETFs to take a look at. In this installment, we will take a look at ETFs in the precious metals sector.

Gold has failed a number of importance support levels. This chart has become hideous.

Silver is even uglier. It has broken beneath every key intermediate support level.

The miners themselves may rally, but they’ll have difficulty getting past that horizontal.

Perhaps the most compelling chart is of the junior miners, which were battered down to long-term support.

As another flicker of hope, I would add that the months ahead have a strong seasonal upward bias.

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