Wednesday, October 19, 2016

A Hot Trio of Gold Charts

Something to keep in mind. This week ain't over yet.

First, the daily gold chart ...

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(Updated chart)

Now, the weekly gold chart ...

Last but not least, gold miners ...

We need to see that this is more than a dead-cat bounce. But one positive sign is that gold ETFs keep loading up on the physical. Somebody thinks gold is cheap.