Gold is at holding at $1200. Equities around the world are rallying. Timmins Gold just announced they increased their resource by 25 percent. Result? TMM is down to 1.20/share when just last week it was over 1.40.
Good lord. These algorithm traders are truly brainless.
From a technical standpoint, there should be strong support here at 1.20. Below that there is very, very strong support at 1.10.