The easy answer is "yes", but it could go lower. Since the miners are in a bear market, the more interesting question is "is this the bottom". Does your analysis provide any probabilities of when and/or where the bottom is likely to be?
I think we have seen the bottom, I could be wrong but at this time it looks like we are not going to see Gold or Gold stocks go lower. I will post some more charts I have done recently above.
The easy answer is "yes", but it could go lower. Since the miners are in a bear market, the more interesting question is "is this the bottom". Does your analysis provide any probabilities of when and/or where the bottom is likely to be?
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Alex
I think we have seen the bottom, I could be wrong but at this time it looks like we are not going to see Gold or Gold stocks go lower. I will post some more charts I have done recently above.
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