This is Newmont:
http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=NEM&time=8&freq=1
It is not in a downtrend and rose 16.8% between 4 Nov and yesterday.
Gold rose from $460 on Nov 4 to $525 today, up 14.05% (Kitco)
Contrary to what you said, NEM is not in a down trend vs the metal Gold.
Gerry