AUMN technicals.

"Of note, the 50 day moving average figure today is $6.74. A close above $6.74 might get the TA computers at the hedge funds flashing a buy signal, and encourage (more) short covering."

Considering the close of Gold above $1600, that should be achievable this week.

Stocks will change direction for the excellence of product in the ground regardless of the price of gold. Markets will search direction and leadership that is steadfast and has a long term vision with a profitable purpose. The strong leadership in AUM providing news and doing what is right for its shareholders is essential to seeing Golden Minerals continue its short term technical bounce. Let's see what 2012 has to offer us the shareholders. Cheers and here is hoping it is good!