Definitely oversold according to the charts I look at.
As I said on the other thread, long term it's good buying at these levels (IMO) shorter term may see more pain or stay in the 50/60/70 cent range for a while until the market gets some good news.
The other possibility is the price of gold spikes again more causing all goldies to go up.
But I got no idea so who knows! Maybe an expert chartist can give their opinion.
Definitely oversold according to the charts I look at. As I said...
Add to My Watchlist
What is My Watchlist?