The Gold ETF was down today, -0.63%. The stock remains in a relatively flat, sideways consolidation. 133/134.6.
That's a fairly tight range for the Gold ETF to be in. A break either way should see some continued action in the direction of the break.
I'm surprised that the Gold ETF isn't showing more decisiveness given today's action on the general stock market.
We'll wait for a more direct message from the market about future direction.
Cheers
Red
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