I don't know if a -7% day can be bullish, but if it can we just had one. Gapped down on the expected fear selling and then bid up for the rest of the day on big volume to finish at the high.
I am not going to lie, my plan for today before open was hoping to sell about here, wait til we overshot to 36c and then buy back in. Didn't turn out like that in the slightest.
Today's candle is theoretically a reversal candle as well. If gold holds up and drifts back higher and we get drill results before the end of the week we might come out the other side looking ok.
BDR Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held