Gold Price and season
Looks like we may have to test $1200/oz before a possible reversal. This is the gold season although you would never guess it but remember that gold can do well anytime from here to the 1st week of October. Look at the last 5 year gold chart and you can basically find a decent spike in every year during this period. Gold looks oversold right now so the odds of a reversal very soon are quite good. Roxgold would greatly benefit with any gold price spike but is still making money at $1200/oz. Good time to buy your train tickets, leaving soon.