Jordan Roy-Byrne CMT, MFTASeveral weeks ago both Gold and gold stocks hit major resistance after strong but extended moves. A correction or pause was to be expected. Clearly, we can now say, the sector is in correction mode.Corrections tend to have three legs: a simple down up down or A-B-C pattern. The gold stocks (and Gold) appear to be on the C leg of that A-B-C pattern.Below we plot the daily bar charts for GDX and GDXJ.GDX has a confluence of strong support at $24-$25 while GDXJ has support
