PowerShares Global Gold and Precious Metals Portfolio (PSAU) Near Bearish Multiple Bottom Chart Pattern At $18.91

May 3, 2018 - By Daniel Cummings

PowerShares Global Gold and Precious Metals Portfolio (PSAU) shows a multiple bottoms chart pattern with $17.40 price target. That’s 8.00 % below today’s $18.91 share price. On May, 3 the multiple bottoms chart pattern was featured by Finviz.com. If our $17.40 price target is hit PSAU’s valuation can change by $2.34 million.

At traded at $18.91 lastly.Since May 3, 2017 it’s 7.49% down thus downtrending. PSAU underperformed the S&P 500 by 19.04%.

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