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As you can see, the model is being tracked fairly closely.It seems that CLB is printing an inclining double bottom. Next target should be $137-$140. The shape of the wave that does this will tell much about whether gold and silver are in a new bull or just a B wave retracement.
But I want to be careful not to waste too much time looking into the future. Driving is for show; putting is for the dough. A break out above that top red rail likely signals the start of a big rally in commodities.
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