RE:will xau stock priceYes $5 to $5.50 seems to have been the upper boundary during the past year but I sense that soon that will become the support level. The Schiff Gold announcement this morning is an example of the surprise element attached to this stock. Then there is the strong price action in gold. Finally and more fundamentally, version 2.0 of the platform is just about here.
So perhaps we shall see over the next few months why the analysts who cover this company all think $6 to $8 is a reasonable target.