gold, page-109519

Having a look at the broader game here and the Dow breaks to and closes at a new low although well off its low of the day



A weekly on the Dow and we now have seven consecutive weekly lower closes, providing of course that it doesn't have a massive jump tonight.
The S&P 500 and the Nasdaq are similarly placed.



The ten year yield continuing to correct lower.



The US dollar correcting lower.



Junk bonds with a reversal higher on the daily.


So looking at the whole picture here and we may be on the verge of a risk on rally and if we are then the gold sector looks like it will also be a prime beneficiary so we may have a low about now. We shall see.