South African gold miners will this week join thousands of workers seeking pay rises in widening nationwide strikes, threatening to hurt exports from Africa's largest economy at a time when bullion is at record highs.

Gold's performance has eclipsed that of gold mining stocks this year, but gold equities now are likely to take the upper hand as the flow of cheap U.S. cash slows and miners boast juicy margins and good growth prospects.

Silver is presently hovering around the PRZ of the suggested Bat pattern and momentum indicators shows that the pattern has been completed. Stability below 36.35 suggests a bearish direction over intraday basis. Conversely, if we witnessed a four hour