I havent even looked at the chart to find next support since I thought 2.47 would hold. I posted 2 to 3 weeks ago I thought 2.47 to 2.50 and thats where it bounced but it didnt hold for more than a day.
The aud needs to fall to make aussie gold producers take off. And a general market correction is/may now be upon us.
All guesswork on my part but todays savage selloff is a surprise.
Always darkest....
If the asx figures can be trusted then its not massive shorting, or it hasnt been. Maybe today it is shorting, dont know yet of course.
Anyone have a stab at next support?
SLR Price at posting:
$2.42 Sentiment: None Disclosure: Not Held
