Gold is back above a 3.5-year major rising trendline!
Gold (XAUUSD, $1,849) is back above a 3.5-year major rising trendline. Despite a heavy sell-off in the US general stock market (S&P500 -3.5%, Nasdaq -4.5%), GDX is up over 2% on a day. So far so good, but hopefully gold manages to sustain gains by tomorrow...