that negative divergence is keeping me out of the sector. dollar hitting new lows while xau/hui not even close to highs and reacting poorly. while it may not happen, i am leery of a smack down in the mining stocks this week.
watching the $US collapse, then turning to Gold and seeing it rise like a lead balloon. It "should" be up about $9 based on the $US's fall since Thursday, and it's struggling to hold a $3 gain... ==============================================================
Hi PH, And this surprises you......?
You might want to revisit your decision to place the bulk of your in the movements of an ETF when the underlying metric is subject to the whims of the 'riggers.'
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