Just some general macro analysis. A high gold price and low US Dollar is very good for metals in general. A low US dollar presents a more 'risk on' global market and metals become cheaper to purchase as they are all priced in US dollars, this also justifies higher metals prices. This bodes well for Zinc, RVR and the ASX mining and metals sector in general.
US dollar chart heading for some longer term support lines. If these support lines break then party will truly recommence for commodities especially gold, lithium, zinc, copper etc!
Daily chart, looking very bearish.
Weekly chart is range bound but heading for a major support line!
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RVR (ASX)
Well now is a great time to hold AVB for it,s copper
and rvr for it,s zinc
