The miners showed a positive divergence today.
If gold is going to set up an inverse H&S bottom it must hold support at 1570 although 1580 is preferable. Otherwise we will be looking for a double bottom.
Intraday commentary here.
"Day by day the money-masters of America draw together, they grow more class-conscious, more aggressive. Political corruption was the buying up of legislatures and assemblies to keep them from doing the people's will and protecting the people's interests; it was the exploiter entrenching himself in power, it was financial autocracy undermining and destroying political democracy. By the blindness and greed of ruling classes the people have been plunged into infinite misery." Upton Sinclair