ago next move to $4.45, page-3

I will be very suprised if we dont come off a little to Test (for supply) at some point in time.

We have had a test of sorts on the 11th which had lower volume than the previous bars (7mil on the test, compared to 13 - 18mil) and that maybe good enough, but I will not be suprised to see another test of this area, with very low volume and the next bar up (confirming a successfull test), before substantially higher prices are realised.

This would comfirm that supply has been absorbed at this level and will not hamper higher prices when/if they come.

If too much supply is present, when higher prices come, this supply may knock the SP back down, which would be an effort without result, not good for anyone.

So a nice low volume test will add strength to the chart for the future.

At the minute we are building a cause, when the time is right the effect will be higher prices.

cheers