The whole chart cant stay within the picture but push the "-" bottom to see the . Fits well in a channel.
Seems like gold is hanging in there.... on a sting!
I have looked at the EW count as an 5 wave down and therefore not corrective. I'll look into to it again to see if a corrective count is possible. I'll return later on that part.
Production cost for miners should be in the neighborhood off $1100. A stop around and a reversal here will keep the miners alive. An gold is continuously in strong demand. Google it....
Safe trading ladies & gents!
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