i'm afraid it may be a little over bought.
Partially overbought....most DAILY indicators still show bullish potential. Even the possibility of a "breakout"....over 8.50.
BUT.....this can only be accomplished with SUPPORT of GDX/$HUI "turnaround" and renewed strength off this recent "extreme weakness".
OTHERWISE....AUQ likely drifts back down to 7.25 support range....
The only way AUQ trades that low is if gold trades below 1500.