Remember the good old days when you could short every gold and miner rally?????
Those days are gone! Rounded bottom recovery. P and F doesn't work on stocks under $15 unless you drop the boxes value and even then it's not as reliable. Under $5 it needs to be to quarters and even dimes for bullish and bearish columns.
Well if nothing else I think the miners have certainly bottomed. Now that doesn't mean that the power that be won't come in and attack gold again but those dips have and will continue to be bought aggressively by the Chinese. The short gold and miners trade has been a very profitable one but I think that trade is coming to an end. If I were short I would certainly take profits and move onto another trade. Why get greedy when you have already won?