GREY:ALXDF - Post by User
Post by
goldopportunityon Dec 28, 2017 9:20pm
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Post# 27242335
Fwiw…...
Fwiw…...Alxdf closed at usd .058 = cdn .0730 (boc 1.2588 close)
Inside low, outside up high and close. Today alxdf closed higher than its oct high. Volume higher than last week's total volume, and we still have tomorrow. Many st indicators continue to zig-zag trade at their respective upper levels -- very bullish.
Based on currency exchange, azx sp on the cdnx looks to be one day ahead of alxdf on otc.
Bottom-line:
Based on today's closing chart, alxdf looks poised to close higher again tomorrow. It may even break and possibly close above usd .06. Volume most likely will be quite a bit higher.
Until alxdf plays catch-up, azx may take a breather tomorrow and churn between cdn .075 and .08. Keep in mind also that the gold indices look a bit toppy and ripe for profit-taking. Although the closing chart would suggest that azx won't break .08 tomorrow, if by chance it does, then we may have a very bullish divergence taking place.
So we'll see what happens. Stand your ground, folks. Jmvho.
goldopp