GREY:ALXDF - Post by User
Post by
goldopportunityon Nov 27, 2017 6:09pm
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Post# 27041877
Fwiw.......
Fwiw.......Alxdf closed at usd .047 = cdn .0598 (boc 1.2735 close)
Inside day all around. Sp opened gap down to friday's low. Biggest volume in a month. Well bid with about 374K down to usd .04. Hardly any supply on the ask -- only 52K up to .30 on the print. Yes, you read that right, only 52K up to .30! No doubt this will all change by tomorrow's open, but it just goes to show that the smart people aren't in any rush to sell.
Nice up move in gold today -- highest in 5 weeks. Closing chart would suggest a challenge of $1300 is in the offing before week's end. And gdxj traded to highest level in 2 weeks.
Bottom-line:
It's now been a tad over a month since the last nr. The clock is ticking. Remember, each passing day only compresses the time frame till we get all 70 holes.
What happens tomorrow? Closing chart suggests to me the odds favour sp trading inside today's high/low perimeter, on lower volume. So we'll see what happens. Stand your ground. Jmvho.
goldopp