[isatrader]

Are gold stocks in a stage 3? It seems that 30w ave is flattening and maybe a neckline forming... If I am right I would expect a bounce off the neckline and then finally a breakdown.

Anyone else with a different take on gold stocks.

Yep, the breakdown yesterday puts Dollar Gold potentially into early Stage 3A if it closes the week below the 30 week MA. This doesn't however mean it will necessarily breakdown into Stage 4, as Stage 3 can go either way, and often will take many months to resolve.