EVN 0.76% $3.93 evolution mining limited

EVN chart, page-2510

  1. 10,476 Posts.
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    Hi Guys.
    Well it did break and lower as the daily indicates courtesy of our "friends" at the Fed.
    No real technical damage done though.

    https://hotcopper.com.au/data/attachments/3959/3959082-182a53061c1e8db90099aa967458a274.jpg

    The weekly gives us a clearer picture of the longer game.

    https://hotcopper.com.au/data/attachments/3959/3959090-9216404f0f924e683f45c00671fc937f.jpg

    The question is, have they finished with their attack?? I would hazard a guess and say yes, So we shall see.
    The daily chart is too choppy for numbers although we are in a downside impulse leg but it appears to be of little consequence.
    On the weekly, If $3.725 holds then $3.965 is the first port of call.
    A daily on gold below indicates the rally remains in place, only just though but gold did create an upside reversal overnight indicating more to come.
    And that will depend on our "friends" at the Fed.
    Next week is just another week in the rigged casino.

    https://hotcopper.com.au/data/attachments/3959/3959137-5621597c287c6449c5b56c9c8098cdba.jpg
 
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