gold miners sector performance, page-3

"As the XGD chart is now back to the long-term up trend line from early 2009, there's a good chance that the Gold Miners might be setting up for a good rise. The chart needs to break out of that down trend channel to prove itself."


thanks Redbacka, also note the triangle formation on your chart nearing completion at the end of this month

this is similar to the one occurring in gold that's also completing this month, contracting prices near $1700.

An upside break-out for gold would likely see the gold stocks break higher too.