This one's a tough call. If you look at the 1 year daily chart, it looks like it wants to have a bounce here, possibly to the .45-.53 resistance area. True, it bounced off last year's March low, but if you look at a 3 year weekly chart, it doesn't look particularly good. It hasn't really broken the downtrend line from October, and is still on a weekly MACD sell signal. Also a lot of resistance in that .45-.53 area going back at least 3 years.

Since the PMs seem to have come back in favour, it'll probably get some kind of bounce here, but I wouldn't expect fireworks with this one.