A weekly HUI close below 320 is my stop loss on this current buy signal. If profit taking continues another 2 days I may make additional purchase of gold shares on my watch list (AEM,MDG,PCU).
Gold/XAU Ratio 4.41
"This market can be as exciting as driving a Ferrari, if you keep calm on days like these." Julian Phillips
Broad stock market under pressure. Distribution days 3 for Dow, 4 for Nasdaq, 5 for S&P and NYSE COMPOSITE in recent weeks.
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