SGDM - Gold Stocks Retest Lows

• Gold stocks look to be retesting their correction lows, dragged back down by gold doing the same thing. The resulting drawdowns are really trying psychologically, as is the resulting bearishness.
• Yet technically both the metal and its miners' stocks are carving low consolidations, strong bases from which their next bull uplegs can launch. Historically uplegs usually follow such correction-low retests.
• With trailing stop losses in place protecting recent trades added at relatively-low prices after corrections, there's no need to fear retests. There's no sense succumbing to fear and giving up.

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