Gold miners

Gold miners are bouncing today due to a weaker US$, but there is almost no money buying the sector.
It might be interesting to increase the short position on a bounce to 22.25 (Resistance level)

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We can see that both GG and ABX are weak today in terms of LEV.

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Gold itself is hardly attracting money, even though the US$ is under pressure.

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Note that XME (materials) acts more positively. So, it is gold miners specific.


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