Unless the SP dips below 200 which IMO looks highly likely.
virtualtechie11
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isnt previous resistance near 325 rather than 400..
WinstonWolfe
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@virtualtechie11, Yes but like the GDX has broken above 2016/2017 highs I'd expect Hochschild to break through that too and overshoot. Then it would hit major resistance around 350-375. But yes if we were to struggle to get higher than 325 then a consolidation period would be expected.