Gold & Silver Mining Index (XAU) Falls Out Of Bearish Pattern

The good vibes have been lost on investors during the first few days of trading in October. The precious metals sector has been hit hard in early October.

It’s been a heck of a year for precious metals. Through 3 quarters this year, Gold (NYSEARCA:GLD), Silver (NYSEARCA:SLV), and the miners (INDEXNASDAQ:XAU) were big time out-performers.

HOWEVER, those good vibes have been lost on investors during the first few days of trading in October. In short, the precious metals sector has been hit hard in early October.

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