I see that the entire mining index is down today despite the FOMC guaranteeing their $85 billion in asset purchases this year and spot gold rallying a bit. I am a discouraged AUQ holder but it looks like I'm not alone. The miners just can't seem to catch a bid.
for the entire 2012, the 200 MA was trending down, it is definitely flattening, look at the 2 yr chart. The 50 MA is getting close to flattening. The RSI just pointed up also after dipping below 30. The TA metrics are definitely pointing to an improving chart. Once that 200 starts turning up and it breaks through the 50, you will see a good trend in the making IMO. BTW, Since I have read several of Dr Van Tharps books, I am a much better, more consistent trader. GLTA!!!