I was quoting the fairly common -50% retrace level at 6.8 cents being the nearest horizontal support option I could see at the time. Yes the daily 6.7 cent low as on April 13th and May 3/4/7 could be in the frame as well now that 7 cents has been at least breached at this point today.
The trend line picture is just another option in the mix and plenty of traders would be eyeing it as well. It may turn out to be a dud if 7 cents doesn't hold in the end which seems likely depending upon the gold price of course.
