i have a more neutral to positive on near term gold as long as we do not re-enter the downtrend channel. That is why i have been using it as a gauge. Lat night was a test which it passed where by Tues it closed above and now is pushing on. It was my signal to either add or move into some oversold goldies ( RSG) or ones that have maintained their bullish trend (BDR). These are the 2 i am focusing in the gold sector.
BDR Price at posting:
46.0¢ Sentiment: Hold Disclosure: Held