By: Benzinga
Gold's Death Cross Hastens Mining ETFs Death Spirals
The big news out of the gold pits Wednesday is that futures violated the psychologically important $1,600 an ounce level. At this writing, Comex-traded gold is trading just under $1,568 per ounce . Arguably, the bigger news is the technical condition gold's slide has caused. That being the ominous death cross,
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