RE:stink bid at 50.50 filledprouditalian wrote: bot 1000 shares more.
30k at 50.92 avg .
No respect, but in all honesty gold looking weak and may test 1680 level. Shojld give us more KL under 50...maybe at 48 is my next buy level.
The bears lost the battle last week when gold failed to breach 1680 support. It might be the bulls turn to see if 1800 resistance can be broken. Tough to say. Timing is not great (ie. mid June). I would expect gold to trade sideways to slightly down until 3rd week of July.
Not sure why KL keeps getting sold down. Maybe will be this way until more gold gets discovered at FV. It will happen eventually. Mines like that don’t just run out of gold.