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Detour Gold Corp DRGDF

Metals & Mining Gold


GREY:DRGDF - Post by User

Detour Gold Corp > Price action
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Comment by krashzoneon Jan 18, 2017 10:33am
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Post# 25722257

RE:RE:Price action

RE:RE:Price actionBeen watching dgc for a while. There are periods of price action divergence from the gold price (as you mentioned the difference between the appreciation of gold price vs. DGC over the last week or so). Look for divergence the other way for a sign that they are ready to let it go. Looks like the floor this time is in the $17.00 range. Friday are the monthly option expiration ... wouldn't be surprised if the market is a little wonky over the next couple of days.

If it does drop below 17 ... the next area of support will be just below 16 so be careful.
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