The Aud looks bullish as well, gold has been flogged, but gold mining stocks have been surprisingly resilient, VIX at all time lows. Now we just need patience. Im very confident this next move will take us into late 2017 to 1500 oz. When Alan Kohler comes out with a buy recommendation sell every Gold stock you own because that will be the top. Oh yeah, BDR will be 1.08 by then, and Alan loves to buy anything expensive.
BDR Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held