gold in freefall.. how low slr monday?, page-4

With gold looking like it will retest support at the bottom of that big candle, $1320 gold support.
Gold has further to fall so does slr.

If support is tested and doesnt hold, $1200 or $1100 would be the next levels to test.

If hit, you guess where SLR could find itself??

As far as SBM, it fell from 2.40 to 52cents, sure it bounced to the 29day MA but has subsequently fallen back and looks like it might test its lows again very soon.

With gold looking like falling further, why would you buy SLR now?? Especially when there are plenty of better stocks out there!!!


Cheers