FML 3.70% 14.0¢ focus minerals ltd

db broker selling, page-37

  1. 6,061 Posts.
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    AU gold is almost the same as AUD most of the time from what I've seen, even if we should be going up, we go down with industrials. we will rerate, it's just a question of when.

    US Gold, i've pretty much ruled out 1463 now, it does appear to have completed it's corrective phase, wave 4 of wave 3 on the 50 year chart, no extension has occurred yet.
    IMO it's going to 2100-2400 on this motive wave (+- year sort of timeline)

    Pinto ...you do know I'm bloody clueless...don't you?

    anyway just in case you run out of money, I'll keep waiting in the 3's all the old sup/res from 4.7-5.0 seem too obvious, I reckon when we get to them they might just break easier than we would expect, but a potentially good place to see a flat corrective of accumulation,
    anyway, hold our horses, we havent really cleared 4.4 just yet.
 
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