GSS has been whipped hard the last year but the worst is over. The only two gold charts currently interesting for the long side are AEM and GSS. The purple rising wedge, overbot conditions and negative divergence spanked price down hard in 2010. The green positive divergence marked the bottom. Price has now come down for another test of the low. Note the positive divergence remaining shown by the blue lines. The indicators need to make a higher high to verify extended upside ahead. Watch the RSI 50% level. Price moving up thru the 20 MA resistance at 2.2 will signal further bullishness. The chart is constructive. Projection is sideways to sideways up moving forward for the weeks and months to come. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.
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