DEG 0.36% $1.38 de grey mining limited

Chart - TA, page-2809

  1. 2,412 Posts.
    lightbulb Created with Sketch. 2608
    GOLD currently backtesting Fridays break out.

    DEG trading quite indecisively around its own key levels.

    I'm guessing the next couple of sessions should provide a decision on next bigger move.

    If GOLD can hold breakout and bust $1807 then $1825 is on the cards.

    If Fridays move was a fakeout then $1766 is back in play but I'd put my money on a slight overshoot to $1759 if trading turns negative.

    Todays red day on DEG isn't of any concern for now as it's just in a holding and profit taking pattern waiting for the next move...
    https://hotcopper.com.au/data/attachments/4594/4594351-59ccb2cd9db863ae6e3908c0bf070e0f.jpg
    https://hotcopper.com.au/data/attachments/4594/4594354-83bc97962f2086c1ba42bc0b54858ce1.jpg
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.