Checked the daily charts of GLD, GDX, GDXJ, SIL, SLV. They all share most of the following characteristics: Broken trendline, MACD sell signal (some with negative divergence), RSI below 50, higher volume on down days. Furthermore, yesterday may have constituted a failed rally. On a seasonal basis, gold & the PMs typically have a correction in October - so no surprise here.

There is good news, however - the Venture exchange is in good shape (at least for now), which probably means the correction in the PMs will be short and/or shallow. Best guess is that the correction ends in early to mid November and we have another leg up into January. At least that's the current crystal ball reading, lol.