XGD

XGD.TO the Canadian gold stocks ETF (S&P TSE Canadian Gold iUnits) currently give a clearer picture for gold stocks. XGD is priced in Canadian Dollars and it seems as it recently completed an ABC correction. XGD retraced about 61.8% of the 2005 – 2006 advance.

XAU Index Update

Wild swings, ~30 points rally then a serious decline of ~40 points, currently recovering.