Dow was down virtually same percentage as Au market yesterday. Technicals show we could be near pivot retrace here. Right on 61.8% which is a very robust indicator.
Macro Perspective: Noting also that China new Corona cases continue to decline. (44 yesterday) They are closing makeshift hospitals. South Korea tapering off as well. I think this looks like a reasonable lead indicator. The newer countries suffer from the scourge of numbers where relatively small absolutes lead to higher percentage changes.
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