oversold?, page-9

It's looking cheap, but may have further to fall along with the rest of the gold stocks with short to medium term weaknesss in POG.

The charts suggest Gold hasn't been overbought, so price weakness may just be letting some steam out (as it has done previosuly) before another leg up. Anyway POG in this environment is too difficult to predict, but whilst the Fed wants to keep prinitnig money (which they said they will still do despite signs of recovery) i personally remain optinistic for OPOG in 2011, with a view to re-evaluate that in 2012.