Major Gold miners have already fallen heavily so they have limited down side having already fallen heavily -
NCM -40%
LGL -49%
SGX -51%
Junior Gold miners are down even more commonly down 60-80%
If Gold falls another $50+ in the next couple of days there wil be a rush to exit Gold miners. Gold is now down to $780 which is $25 below the closing price from the US last night. Not very encouraging.
