Doublee
Good comment! The HUI tumbling and gold well down but AVO up on strong volume. Strong overhead resistance today coming in at the A$2.45 to A$2.60 area from those hung up at the top of the last rally. Strong US$ going forwards and further gold weakness could cool what would have been a strong AVO rally on excellent fundamentals. Given the market backdrop A$2.59 may have been the peak of this rally and we may see prices fall back to A$2.25. I hope not as I'm not selling. However, this is what seems to be happening.
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- looking very strong
looking very strong, page-5
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