get the blinkers off guys this is not rsg specific - this is a...

get the blinkers off guys

this is not rsg specific - this is a bot driven technical pattern. i refer you to bdr, sar, rrl, etc etc

if you look across the gold sector there's a pretty clear pattern that majority of the large cap gold stocks are being driven south. if i look at the technical patterns, most have done a minor head and shoulder pattern they are now completing sicne gold bottomed at 1180 and rose back up.

spot golds been rising but gold equities falling - this is bots driving mining stock prices so that - when they turn positive ont he sector - they extract max returns

suggests bottom for rsg could be the 97c low it hit previously

typically those gold stocks still rising will end up capitulating later

but what i cannot tell is whether gold is about to roar north and this is a false breakout/.shakeout of gold shares - or if its about to be sold off.

personally with french election on this weekend I wouldnt expect gold can move too far south until that event is out of the way.

but clearly a lot of manipulated hijinks taking place