Newmont Mining(NEM) is the leading gold mining stock inthe entire mining sector. This stock is trading lower as the fear trade comes off the market. NEM will have minor intra-day support around the $60.80 level. Should the stock decline further the next important intra-day support levels for NEM will be $60.42 and $60.00. Both of these levels could see short term intra-day bounces.
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