I think it's gonna be the final washout phase before ALL the gold stocks go up big(including the weak ones).
IMO, the stocks will lead the metal higher on the next run. Reminds me of the loooong base PETD used to be in between $4 and $9. Then when it finally went-- $49 was the next target.
Now, whether or not there will be a huge capitulation in the gold/silver stocks within the next several weeks is THE question, imo.
At this point, I see no reason for a "v" bottom. IMO, all the short term traders looking for over head gaps to get filled could throw in the towel and yet again, dive the prices back down in the stocks.
The cots for gold, to me anyway look to be pretty neutral, bwdik?