Mick
It could go any way- agreed.
... however, after waking up this morning and seeing the Dow up almost 200 points, i was expecting POG below $305.
It's held and consolidated short term at $307, which i'm interpreting as quite bullish.
Looking at the weekly chart of POG, you'll notice a couple of hammers within the range of 307-313... again bullish.
A test of 300, however, is always a possibility, esp. if the Dow rallies above 10,600 over the next couple of weeks...however, i rate this as a slim chance of occurring.
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