TVC:XAU   PHLX GOLD and SILVER SECTOR INDEX
It certainly has been a punishing 7 trading days for the miners. After looking like XAU was ready to attack the highs from August the reopening trade put a hurting on gold, silver and the miners. Gold traded down to its 200 day today and the miners have done so as well. Looks like a bullish RSI divergence on the chart and once again we are at the bottom of the flag. Maybe as good a spot as any to take a shot. Be safe my friends. This is not easy!
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