Being played for fools

Hi Folks

The world is going crazy because of Covid-19. But don't be sucked in on gold plays.

Have a look at this Aussie gold chart first. Don't be played by fools.

https://www.tradingview.com/x/gbwZ7SK8/

Please notice that the weekly hi-lo candles have entirely traded above to 10WMA (10 week moving average) for 10 weeks a bullish sign.

The Aussie gold price is currently at XAUD2476 and EVN The SP AUD 3.79

Back when  when gold was non the week 4 Aug 2019 the  XAUD 2035 EVN was at 5.58.

In a Share price collapse gold shares inevitably follows for a while and then the flight to safety happens.

I am not selling EVN or my other gold stock. I will wait for the catch up . The Egyptian La Mancha company has much to to with this irregularity.

My advice wait until it plays out fully.

Some on suggested earlier that once La Mancha was removed from the 5% register that they were still not influential.

Until they sell out totally they are still a force.


As far as EVN goes  my suggestion is just hold and wait this turbulent period out.

Just my opinions DYOR.

Good luck folks we need it

cheers Lies

PS my Panthers won tonight  WOW against the title holders of last year