It has been a rough year for gold stock investors. Since Gold failed to break to the upside and the US Dollar bottomed, gold stocks have been in a strong downtrend. In September they hit two and a half year lows.The oversold condition since then has been corrected but that rebound has been quite weak. Evidence of that can be seen in the GDX advance decline (A/D) line (an important breadth indicator) which is showing a negative divergence and hit a new low on Wednesday. Rebounds from major market
