Might be just a short covering rally and if so will be short lived. The trend is certainly still down. A couple of days doesn't change it.
Gold stocks have been climbing for three months, gold bottomed in June last year with a double bottom a few months ago and it seems no-one acknowledges the sector might be going up from here. Is the AUD going up for just a couple of days really an issue?
ann: 65 gold anomalies identified lake mackay, page-11
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