Major feature is the uptrend (A) that started in 2008.
Uptrend (A) was broken by resistance (B) around $55.
After break of the uptrend, ABX was bouncing between downtrend (C) and uptrend (D). The recent break of the uptrend (D) is a sell signal.
Target could be as low as support (E) at $20.
Summary: It is unlikely that ABX is in a bear market. ABX fundamentals are too strong. Break of the consolidation pattern appears to be the result of manipulation of the chart by powerful players to shakeout weak holders of ABX. Expect any downward move to be a short-lived buying opportunity. Hold.