interesting week, the DXY got its bounce off the positive divergence on the RSI.. however gold and silver didnt believe it and continue to test the resistance (gold USD 2660) & silver mid 32s USD
i kind of expected gold might pull back to 2500 - 2550 from the 2660 restistance.. but its not doing it.. and the longer it spends there, the more likely it is to break higher from here
DXY daily, back testing the recent breakdown from the penant consolidation (horizontal lines are just previous support resistance points, you can ignore them)
Gold monthly log, its toying with the resistance line from 1980 high to 2011 high (continuation)
the correlation of the last cup and handle pattern overlaid and strentched to fit.. IF IT CONTINUES to follow this fractal, the next stop could be close to 4KUSD in Q1 2025
Silver, monthly, AUD... wow.. just WOW.. holy Mary mother of...
as far as i am concerned that small cup and handle (blue is already triggered) and we are about to crack the MOAC mother of all cups
AUD USD monthly (zoomed in to the right)
still not broken its GFC downtrend for me.. this is especially relevant to miners as opposed to the metal itself
Ann: Drill Contract Awarded for Cerro Leon, page-14
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Last
23.5¢ |
Change
0.020(9.30%) |
Mkt cap ! $82.51M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.0¢ | $102.0K | 452.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 25000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| USL (ASX) Chart |