To go along with the fundamental research and weekly chart provided in NFTRH, here is a daily of GBN showing some positive divergence. At whatever point gold stocks decide to shake off the misperceptions that they are anything other than profit machines in the making, I would think the noted resistance zone would be a reasonable target for GBN.Be aware of the lower level potential first as shown on the weekly, however. All up to HUI. Will it bottom with global markets or will it remain the Rodney Dangerfield of equity markets a while longer and head toward that 220 level? FWIW, most of my precious metals miners, including GBN are up today while the goons have some fun with the likes of GG, RGLD & KGC, the big boys in the sector.
