100% Bullish Signal for Precious Metals Sector

During last week, we saw breakdowns and major declines in all parts of the precious metals sector. Even the HUI to gold ratio broke below the key low. Yet, there is something that we saw based on last week’s closing prices that had 100% bullish efficiency in the past few years. What is it and how we can use this knowledge?
Before moving to the details of the above bullish sign, let’s check what changed in gold (charts courtesy of

This post was published at GoldSeek on December 11th, 2017.