Morning all.
I was just looking at the overnight gold performance.
Currently sitting at $1687 as I write but has been down a bit lower.
I see some pessimistic comments about possible lows and thought I would give my 2 cents.
Impulse A & B line up and show respect to where we bottomed overnight.
I would like to see that as the bottom.
But, We could see a retrace to 38.2 on the A impulse move which would give us a low of around $1635 and also lines up with 61.8 on impulse B.
In the end, as an explorer, who cares as long as it resumes it's upward trend as we define a much larger resource in the mean time.
Looking forward to the next ann to confirm further growth, both in step out and depth, ( depth I expect some confirmation soon from dd ).
Kind regards, Wack.
Morning all.I was just looking at the overnight gold...
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