Trump's stance on gold standard is bullish for GG.
The Colorado-based company plunged 27% at the open after selling shares for half of the company's stock price from earlier in the week.
Prices are above the rising 50-day moving average line.
Over the past year, the stock has started a bull cycle that is not yet mature.
The stock shows the first half of an uptrend.
The PureFunds ISE Junior Silver ETF was the top-performing non-leveraged ETF of 2016, returning 140%. Can it repeat its historic performance?
The asset could be turning to the upside.
The EIA revised up its U.S. forecasts to 9mm barrels per day, and the Saudis announced cutbacks on sales to Asia.
Strong markets tend to have good leadership and themes, but nothing is standing out at present on those fronts.
Positives seen for bulls and bears as traders shrug off risk.
Gold prices were higher in late U.S. trading Tuesday and hit a six-week high during the session.
You could say gold miners struck gold in 2016. The group, as measured by the NYSE Arca Gold Miners Index, finished the year up 55%.
Looking to get back into precious metals? Consider buying SLW at current levels and on strength.
Stock has been strong since November.
AEM is ready to rise, but for how long is unclear.