Note to self – ALWAYS be suspicious of changes in sentiment driven by juniors.
If history repeats, this is a shakeout/capitulation move and the gold stock sector will probably bolt higher next week.
There was a decent dip in the HUI and XAU overnight, of around 4%.
I suspect today is an excellent buying opportunity.
.From 29:30, gold is discussed. The rest of the analysis in this link, particularly around bull and bear market technical indicators, is excellent.
https://www.youtube.com/watch?v=2NXDHLRbMQs
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Sentiment still looking good.
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