Looking at a daily on the gold price chart and it is relatively...

Looking at a daily on the gold price chart and it is relatively bullish in that the 50 day is above the 200 with upward biases and gold is above both of them.



Having a look at the techs on the GDX chart and they are bearish with the 50 day is below the 200 with downward biases and is very differently structured even though the price chart has a similar pattern.