There have been two issues weighing on Aussie gold producer stock prices - the XJO and the AUD. Both falling.
This chart might be useful. The AUD has a buy signal right on support and needs to hold. The overall trend is up.
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And sentiment is still pointing in the right direction.
The sentiment indicator is quite sensitive - if three gold stocks move into a rising column, sentiment increases by 1% provided there are no downward reversals. And most that were falling are still there therefore have no influence on further drops in sentiment.
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