EVN chart, page-1907

So here's a 2 minute chart of of yesterdays action from the aussie open. Anything above the mid $1880's was a no go area as selling pressure increased around those levels. No sign of a major smash attempt. No real sign of a major upside attempted attack either as the upward moves appear to be just forays probing for a reaction. The half blue circle peak is when the broader markets shut and gold was worked lower in after hours on busy action. The only reason gold is worked lower after hours is because the market makers are not comfortable with the gold price at the broader market close so they work it lower to give themselves some "wiggle room" on the reopen.



GDXJ has its highest daily close since early January as US golds eek out slight gains and consolidate at a high technical level on shrinking volume.
Technicals on gold on the daily are well overbought while weekly stochs are hugely overbought with the rest of the tech weekly structure being divergent from stochs.
Next price to look for on evn to the upside is $5.36 then $5.375 while first down side support sits at $5.227