GREY:ALXDF - Post by User
Post by
goldopportunityon Aug 06, 2014 8:23pm
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Post# 22815832
We're range-bound at these levels until we get a new pr imo
We're range-bound at these levels until we get a new pr imoSo basically expect sp to trade between C$0.055 to $C0.065 until we get some news from the company to chew on, or the pog goes substantially higher.
Also, the hui, xau and gdxj all opened gap-up today. This could possibly mean some ST weakness in the gold indices until these gaps are filled. Plus, the Dow looks poised for a good rebound, so the ST perceived safe-haven to the goldies may lose its lustre for a short bit. Just sit on your hands, your patience will be greatly rewarded. Jmvho.
goldopportunity