PXG 0.00% 15.0¢ phoenix gold limited

finally, page-4

  1. 1,932 Posts.
    You guys are sitting right on a strong resistance/support it looks like. There may be more willing to sell at these levels then the market depth indicates.

    If PXG is to go higher, watch for volume similar to yesterday with a strong move upwards. The range may be narrower as it pushes through the potential supply, you will want it to close on the high or close to it for the day, however if the volume is very low and it closes high that indicates there is no demand for these levels and I would expect it to retest supply.

    For the moment the chart is looking OK, a small sell off of Gold bullion overnight may provide reason for supply to come in at these levels. You may see a testing of the the .225 support soon if this run ends at .26

    Good luck holders and traders. Investors well picked.
 
watchlist Created with Sketch. Add PXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.