Price Action, page-183

Probably a sentiment change and the higher quality operators moved higher.
It could have also been sold down too much.
couple that with a higher gold price and the $aud pulling back could have had something to do with it.
Certainly today was much stronger across the aussie gold sector than I thought it would be. Stronger sentiment certainly played its part.
Daily stochs remain well overbought and will need to remedy itself at some point and we'll no doubt see how it occurs.
Gold stochs on the daily are well out of overbought as techs realign with this correction so we'll just have to wait and see but there doesn't appear to be any kind of drama.
I think that the pullback in the $aud is probably the main contributing factor in the change from negative to positive sentiment. Aussie golds were also quite heavily oversold.