Here is that chart updated to today's readings:
Gold's decline has approached an area where you can expect support. More importantly, when/if Gold gets hammered through the first 2 supports, you can see that the SUPER SUPPORT should be bought with both hands. My initial analysis showed a primary target much higher (in chart below), but we haven't had a washout (that we hope for) and should we experience one, the blood in the street should be bought.
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With the recent weakness in both Gold and the S&P 500, one would expect the miners to be falling out of bed. However, they have held up very well as can be seen in the above ratio chart:
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