RE: Kofi Resources The seasonal strength is now in a rotation phase with the over hang from Dec 23 tax loss selling. others might be shorting the positions for 30 days until Jan 23...lol.
Otherwise, Andrew on BNN mentioned to go long on AVR, TMM, v.RIO, and short GDXJ.
Gold is wedging between the top trendline and the bottom trendline. This could mean that gold might top out at $1700 - $1800'ish, some where between the 50 MDA in which is above the 200 MDA.
If Gold retraces back down off the 50 MDA and comes back down, then Gold could come down to $1500 - $1200, and at that point go long on bullion.
AVR will have over 20 K oz of gold to sell and this should help the sp, but AVR is several Q's behind last years guidance, and need to ramp up towards 35 - 40 oz au per Q...lol.
Therefore anything could happen, up, down, but I think we will have to wait for Jan 23 for anything newsworthy. Notive that the latest news on the EUR will be announced at the same time...lol.
Shouldn't large caps lead, then mid-tier, and then micros...lol.
Jan and Feb are the seasonality on small caps, so who has the next INT, PKL, or AVR...lol