Man, I can't believe I'm trying to find reasons to be positive for FFX going forward. Now I'm hoping that the last two day's trading in GOLD will help our cause but, of course, that time-frame means nada ... BUT ... where there is a cork in the ocean there is hope!
POG ... In the Short_Term the POG is fast approaching, what I see, an important level($1685-$1689). I am liking what I have seen over the last two trading days. If we can break out(weekly close) above that level, or maybe give it another $5 to get above the 195ema, then I'm prepared to say we have seen our Yearly Low at the $1614.93 recent low. ATM those resistance/confirmation levels are only abt $20+ away ... could even happen in tonight's US market time BUT more realistically sometime next week.
Anyway, here's my 'pre-mature', in terms of confirmation, 4_HOURLY Chart that shows a possible road-map going forward. It also highlights how well 'balanced' this market has been over this time-frame ... geometry in the markets!
Oh well, 30th of Sept. comes to an end on the ASX and still no updates, due reports from FFX ....
General discussion, page-7847
-
- There are more pages in this discussion • 2,267 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)