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1ForDaMoney

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20/06/16

17:38

Post #: 18076475
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Originally posted by tradesurfer ↑

BYR Daily

Gold is sooo hot right now... (Hansel)
So i have started to like this chart and watching for a entry..

So far we can cleary see in the blue boxes are the area of supply/buying while outside these areas we see very small supply..As shown with the white lines... Watching that 2.8c level for a ST entry but only if volume shows some strength if it gets there.. Has not held 2.8c in previous boxes but watching the buying this week seems it may do just that...
Has a predictible swing so far 2.1c lower with 3.2c being upper this time maybe be different though as what i have read in there anns a catalyst maybe approaching(Gold News) any decent hits 3.2c will be taken care of....
Big cross trade last month was that spike im thinking..

Seems to be building very nicely under this 3.2c area and with the volume appearing thursday was a good sign..

4.1c ST area to watch if 3.2c breaks and holds..

Could go alot higher with the right assays

View attachment 196543

TS

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Nice chart, cheers trade, hope you are getting a few in the green room.
Good little pullback for entry for you.

Last edited by 1ForDaMoney: 20/06/16

ANL Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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BYR_ Chart, page-2

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