GOLD 0.51% $1,391.7 gold futures

Out of the US - and 8.5% dip in consumer confidence and 6.7%...

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    Out of the US - and 8.5% dip in consumer confidence and 6.7% drop in job openings.
    .
    Aussie producers (XGD) are up 7% from their lows of the 21/8. Leading the way.
    Here is a chart of the GDX medium term trend - a buy signal on support.
    .
    https://hotcopper.com.au/data/attachments/5548/5548076-82f0517f516c2e76eb386fc8c0dbb86c.jpg
    .
    And sentiment looks ready to turn.
    .
    https://hotcopper.com.au/data/attachments/5548/5548074-f4b4c9140e426f3ce1ea4cd80ad60bfb.jpg
    Last edited by Pointyfigures: 30/08/23
 
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