GRY 0.00% 20.5¢ gryphon minerals limited

Target, page-66

  1. 2,648 Posts.
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    I would say pretty solid support at 14.5c most trades between 15.5c and 16c. i see this above 20c before the end of this week. 25c resistance sometime next week.  Is the USD losing value? will President trump try to push it lower ? must not Gold inevitably soar higher in this environment ?.. is Australia going into a recession next year with the closing of car manufacturing in VIC & SA and the death of coal industry in QLD, Oil and Iron ore falling affecting our big miners, housing coming off the boil with subsequent pressure coming to bear on our Banks, all of which will lower the AUD?. I think over the next few years GOLD will go up in both USD AND AUD.I hope it doesn't move too quickly though so this next run might last 10 years or so....  
 
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