daytrading may 18 afternoon, page-96

  1. 409 Posts.
    Gold stocks were pushed down since beginning of May

    EVN from 1.7 to 1.4
    AQG from 8 to 5
    OGC from 2.25 to 1.75
    AMX from 1.05 to 0.75

    All with small volume and accumulation in lower levels, even with all signs from Greece default.

    My bet is they will close May in the beginning level (at least).

    All news that I read is preparing global economy for Greece default. With the new election marked for mid June (and all indicates that the left in favour for the default will win), does not wait for market recovery before that.

    Actually, wouldn't be surprised if AQG foes back to the 12 dollars level of last November.

    Of course, all my opinion.

 
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