Video: Short-Term Bullish Signal in Gold Stocks
The advance decline line as of the start of the week was showing a positive divergence. There was a similar positive divergence in the advance decline line at the October 2022 and March 2023 lows in gold stocks.
The Gold/Silver ratio has had a little breakdown below a rising trendline. Silver could test $26 if it surpasses resistance at $24.50 while Gold should test stiff weekly resistance at $1985 to $2000.
