The rally from intra day low of 5.47 approx. (couple weeks back)...

The rally from intra day low of 5.47 approx. (couple weeks back) was 1.10 approx. to a high of 6.57 two days ago.

Retracement levels:

50% is 6.02-05 (which looks to have failed)
61.80% is 5.90 - 95 which has not been broken yet.
78.6% is 5.70

If breaks 5.70 target would be 5.50.

This is a crude analysis as it depends on the Gold price. As I have not looked at momentum indicators today in this stock or gold itself.

I think Alpha was talking $315 short term for Gold. That would suggest that 5.70 target or lower is more likely.

noip
Just watching.