[isatrader]

I notices that gold and silver recently paused before making a continuation.  However, the miners have paused and even dropped back some, as others have noted, but generally not made the continuation move.  So I wonder if this is a posative correlation with the broader market, e.g. general lack of money flowing into all stocks / flowing out, or a negative correlation, people are waiting to see if the broader market falls more before buying miners?

My experience with the Gold and Silver miners, is that they do tend to show a positive correlation to the market in the initial part of a market correction, especially silver miners which are more volatile and move later than gold stocks, as basically all equity stocks take a hit when there's panic selling and margin calls. But as a market correction progresses, gold miners tend to be one of the first sectors to recover into Stage 2, or to make continuations if already in Stage 2, especially if spot gold is already in Stage 2, and then that starts to encourage people into Silver too.