The other day I posted a chart showing gold was approaching the bottom of its channel.
We just had a test of the bottom trend line for in European trade with $1588.
Hopefully we get the bounce off that support by morning and a follow through in Asia tomorrow.
NCM (up 1.6%) and PRU (up 2.15%) both finished on highs today.
NST also finished on its high (up 3.33%) but with news.
It would have been more convincing if almost all producers here finished up today but if we are not on the lows now, I think we should be close enough.
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