Exaggerated sellingGold down 1.3%, GDX down 2.3%, PVG down 4% good grief, no reason for that. PVG retesting the 6.65us support area again. Gold shares are at least a safer place to be now, the S and P is seeing resistance against the 50 day ma, which is also about the 20 week ma, the rebound was too fast. People forget the panic of last week already, a pullback from this resistance will look like a lower high?
The mine got the low grade preparations were out of the way before year end, when they will now be compared against guidance forecasts. They are into better grades now, as verified by connecting a few of the dots here.