GOLDBUGS AMEX Goldbugs Index (GOLD): I thought we'd get a bounce this week. R...

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Re: -blklabs- post# 38076

Friday, 12/02/2016 2:17:10 PM

Friday, December 02, 2016 2:17:10 PM

I thought we'd get a bounce this week. Really surprised that both Ag and Au are still getting pushed down. On the 6 mo daily there are divergences in most indicators. Compare with the GDX, which is already starting to turn up. Miners normally lead physical out of troughs. Hopefully, we see some upside next week.

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