If you look at Goldminers Companies (such as AU, ABX, NEM etc.), and you overlay those companies over a Gold Future GC line, you can see that the trend changes are started by the goldminer companies before the gold price follows. In the chart above you see that Gold GC (thick blue line) is a few days behind the goldminers shares. Just overlay some of those companies on your charts, when you try to find the entry/exit spots.
interesting analysis..it looks like miners are heading up?
Delta10
⋅
@pmcllc, IMHO these miner companies produce gold and if many of those companies have problems or produce much gold at the same time, this will have an effect on the gold price. Dont know if this is correct, but at least those charts run in front of the GC price.