This week in gold
The gold sector remains on a sell signal since April.
$HUI - is now below the 200ema support and oversold.
$XAU - consolidating at the 200ema.
GDX - has found support at the 200ema.
XGD.TO - the Cdn ETF is deep below the 200ema support and deeply oversold. The daily configuration is now bearish and any rally is considered corrective as long as 200ema provides resistance.
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End of update