Have a look to long GDX vs GLD ... gold stocks dropped due to Gold weakness after huge outflows from "smart money" + encouraging macro data all over the world ... but during last quarter, Gold traded >$1300 and should benefit to these stocks during their earnings release .. technically, they look oversold and started to rebound yesterday after FOMC . Watch as well a long ABX, NEM and SPAG- stock with more than 30% of upside vs average pt.
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