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The US jobs report was better than expected. As usual, gold & gold stocks dropped on the news. The key will be how they close. If they close above the recent low, the probablility is good that an intermediate bottom is in. If not, well, it's not....
I think I will take a punt & buy GDX after the initial knee-jerk downswing subsides. If I'm wrong, I'll sell at the close to minimize losses.
