Late day surge...?The fed meeting notes were released at 2 pm, they mentioned inflation as a reason to support more rate hikes, which cuased the gold shares to rally about one percent. However in the case of PVG it rallied through to end of day. Not sure why, it may have triggered buy on stop orders left above market price by short sellers? Another reason would have been that shares were in a sideways consolidation for seven trading days and approaching trend line support, so it did not take much of a reason to trigger a move higher.
