on firday. short try to hit multiple stop at $1300, $1290, and $1800 with some sucess. they are expecting a good US job report. so they can continue to smash the price lower.
but market is always full of supprise. a lower than expect US job report has smashed their game. they are rush back to cover themself again after the job report. i am glad shorts had made a wrong bet this time.
we should expect POG continue to rise today. hopefully hit $1330 again. I am with colin is POG might hit $1600 again with Oz dollar below 90c. so POG should be around $1700. at the meantime. i really hope the managment can generate free cash flow.
SAR Price at posting:
14.1¢ Sentiment: None Disclosure: Held
