Not that I'm overly bullish on gold, but it seems some of the gold stocks is looking pretty good at this point. I have not made any Elliott Wave Counts on these charts.
AG closed above a minor consolidation area yesterday and should be able to make it higher towards the 50% corrective target at 12.66.
Has closed nicely above the inverted S/H/S neckline at 2.69 and should be able to make it to at least 3.06, but I would not be surprised to see it move even higher towards 3.69, but only time will tell.
A nice Cup with handle has been activated for a rally towards at least 6.26 and just maybe it could be able to make it all the way higher to 8.03, but time will tell.
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