Looking at the pattern on the stretched out candles on the oversold area we can see that the RSI and MACD are beginning to show signs of a squeeze similar to the massive squeeze in 2015. The remainder of this year with the increasing turmoil throughout the world between emerging markets currencies getting slaughtered, escalating trade-war, and overall uncertain geopolitical fears. Purchasing gold miners near this bottom would be highly advised, especially considering the overall industry average for AISC (all in sustaining cost) is just under $1000. Therefore this leads me to wonder if it's even possible for gold to fall below that level ever again, increasingly so as the cost of mining becomes more expensive every day as less and less gold is available in the world.