My charts show that Gold is on day 12 of a new Trading Cycle with the Miners on day 9. The Miners are showing signs that the Yearly Cycle Low may well be in. If so, we should rally for at least another month based on previous YCL patterns.
Three miner charts below of the XAU, the HUI and GDX respectively plotted against the 10ema and the 50sma.
Previous Gold and Miner posts: