With drilling set to resume at the LONG Bars Zone, and perhaps even already underway given the most recent news release, and with GBB almost at the same RSI level it was at its April low, this is clearly now a time for immediate accumulation. The general market weakness has knocked Gold Bullion down to a very strong area of technical support in the mid-30’s where it could quickly rebound and commence a new leg to the upside.
The trading action this morning suggests this could be an important reversal day for the stock.
