Gold and the gold shares on a relative strength basis with each other are grinding against a pivotal area on the chart at the junction of 10.28, the 50 day moving average line. It is expected if gold loses strength against the shares it will be because gold advances and improved confidence seeps back into the stock sector because of the anticipated leverage factor.

A few weeks ago PRB attempted to better its 50 day average as anonymous stepped up to the plate and took some good hard swings at us to keep shareholders miserable in hopes of squeezing out some major holders. It remains to be seen if the naked short war room of the miscreants at this chart juncture stages another attack or if sensible large international money interests step up their purchases and push back the naked selling scum.

http://stockcharts.com/h-sc/ui?s=%24GOLD%3A%24XAU