SLR 0.00% $1.57 silver lake resources limited

chart please, page-3

  1. 19,590 Posts.
    lightbulb Created with Sketch. 272
    Gold miners struggling to form a base. On the weekly $1.28 low 22/02/21 and 1.265 27/09/21.

    $1.27/28 might be resistance for now unless they can rally from here.

    All gold miners copping the same treatment.

    Worse case scenario $1.03 (March 2020 lows) may come into play depending on what the market makers game plan is and/or any unforeseen market rout.

    SLR topped out $2.75 27/07/20 POG USD$1817, SLR bottomed out 22/02/21 POG USD$1811, then topped out at 24/05/21 POG USD$1880, SLR then bottomed out 27/09/21 POG USD$1740

    https://hotcopper.com.au/data/attachments/4468/4468059-daa7df665bfa69c505419f23dfe94cc1.jpg

    My guesstimate is POG next stop USD$1780, then possibly to USD$1720/30. This action has similar feel to it. Sell/short gold miners, then hammer the gold price down, then buy back into miners.



 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.