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Mega Precious Metals Inc MPRXF

Metals & Mining Industrial Metals & Minerals


GREY:MPRXF - Post by User

Mega Precious Metals Inc > POG retracing ...
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Comment by hrattleon Dec 20, 2012 9:50am
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Post# 20754952

RE: RE: POG retracing ...

RE: RE: POG retracing ...

Key is whether $1650/oz holds. There seems no reason for this to hold...

As expected $1650/oz didn't hold - from this point previous drops to $1600/oz have come quickly but that doesn't matter - $1550/oz is a major support level. If this fails (which is very unlikely) then $1400/oz is next.

A drop near $1600/oz on balance should be a buying opportunity.

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