AUY has, along with all other miners, performed spectacularly in 2016. Long term, this stock, along with others in its sector, are a HOLD. Short-term, expect some profit taking here at resistance ~4.76
The bull market has been laid in place, and any new lows will be met with good support. Enter here with half position and look to rebuy at 12.20 if it tests the .786 again. if you cant take the swings of gold, do 1/10th your normal size.