Freegold Ventures Limited T.FVL

Gold Outlook this week imo, FVL range bound atm

[HepburnMcRae]

Gold should hold trend above 1800 and it looks bullish again this week. We may see record highs. The trend will continue upward in any case.
Thursday afternoon's news didn't bolster flv as much as I initially had hoped in Fridays trading. The surge to 1.50 was predictable: A short squeeze. The shorts scrambled to cover their positions as flv was rising causing a spike in buying thus driving up the price. The correction that followed was also predictable. It seems we have a new level of support: 1.35. And a new level of strong resistance at 1.40. 
I believe if gold surges to record highs ie 2011 we'll easily see the resistance  at 1.40 broken. However if gold trades sideways ie 1800-1815 back and forth as it seems to be inclined to do these days we may be range bound between 1.35 and 1.40 pending news.
On the news front I believe news will be coming soon. As much as I believe in the integrity of market processes ES is no fool. You don't drop 20 million without having some idea of the near term consequences of pending news. The news will be good and shortly forthcoming. All bets are off with the PR. We'll have consistent volume on a daily basis to drive sp to 3.00 plus in the near term.

[Chester55]

Hepburn, did you ever hit the nail on the head.  I agree with everything you said.  Since Eric is an insider it will be at least two weeks before they can release results.   im also wondering since that may extend into early August, they could possibly have more results to publish by then.  I'm also thinking they will have purposely done this to extend release time and if

[CHOCKYISBACK]

Just my opinion but I think if they did not come out with something before end of July, then market would look on that unfavourably and share price would decline & possible retest the prices just prior to its first run up to the 1.12 close ( June 25th )

[BlueChipper2020]

Hepburn, great post.  Keep in mind Bank of America has a $3,000 target on the gold price over the next 12-18 months. Whether that happens or not, one thing for certain is that gold is going much higher and the tailwinds are strong. Next push is to test the all time high which will happen in the short term.  Before I get to FVL, folks keep in mind the following which is factual, not

[CHOCKYISBACK]

Good points Hepburn...I will add though, from my perspective if gold were to get to an all time high soon, it would prove useful to first retest  the 1740-1750 level again for a few weeks...I also think it's possible we see a big overall market sell off again sometime in the fall ( like we did in March ) and gold would soften again, as it did in the past. I'll also add if that were to