FML 0.00% 15.0¢ focus minerals ltd

big drop in gold, page-9

  1. 86,844 Posts.
    lightbulb Created with Sketch. 75
    morning,

    I posted yesterday that silver had burst through it's downtrend line and we might be off to the races if it held over that line.

    I believe silver was possibly the key to last nights thumping. I don't think the big boys like it, silver put on too much for them the night before. I think they delivered a severe spanking ----- have a look at the two charts below.

    The rot set in exactly when silver hit $37.50 then both silver and gold plummeted.

    Coincidence? ---------- not in my book. Or at least highly suspicious.

    It will be interesting to see Asian buying today.

    have a great morning

    Pinto



 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.