There is technical support on the S&P at around 5100 and 4800 according to some chartists. Silver should find support at $27.50 apparently. Expecting a few more weak hands to panic out then a bounce in a day or three. See headlines say gold got walloped which is somewhat of an exaggeration, if you look at charts of S&P Silver and Gold you'll see Gold has barely dropped from its highs. Technical support at $3015 has already been it and if it breaks there is strong support around $2750. Im feeling pretty relaxed with AVM and its high grade gold and silver deposits which I hope will act as a safe haven backdrop limiting downside.
AVM Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
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