Could be. Looks like there are some gaps that need to potentially be filled. RSI and MACD still not favorable but FIB support for now. I see $2-$6 of downside here with any positive news from coronavirus. Perhaps to the next fib level in the $144 range. Gold has all the reason in the world to be running away from us except for the market which continues to march higher as gold treads water. This is a tough call. Little slippage into the close for the overall market. Gold not catching any additional bid. I think the path higher for gold goes through a lower number. Bought a small amount of GDX, NEM and PAAS. No new NUGT purchases yet. Chart of GDX looks like the triangle inside the triangle will resolve to the downside.
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