Ann: Change of Director's Interest Notice , page-10

"Great call Chuk.
How is the gold chart looking in your opinion?
Seems to be holding ground now!Another difficult call."

Thanks,

A strong recovery is what I expect fundamentally.
However the chart tells me it's just a bit better than 50:50 to go up.
A move down to 1200-1400 would not shock me though (on forced selling), neither would a move over $2000

By the way I am not ruling out a potential fall to $2.50 for SLR yet, I simply liked the way our market opened and I thought I could make some good money on a day trade on SLR after too much of a fall yesterday and near last weeks support.

I have sold two thirds of todays purchases at 3.11 because I am not sure which way from here.
I expected a rally and got it.
It could easily keep going, but I wanted to lock in a good profit.
I hold enough to hope it keeps going up, but liquidated enough to be able to buy back later when I get confident again about short term direction (that could be 2 minutes from now!).