GOR 1.45% $1.75 gold road resources limited

Overall trend is still down. There is no sign of a reversal yet....

  1. 287 Posts.
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    Overall trend is still down. There is no sign of a reversal yet. I'll start to accumulate when SP reach the bottom line of the descending channel. This should also be around the 61.8% Fibonacci Retracement from the March low to the July high - $1.275. It would be a strong buy should it reached the 78.6% retracement, and closes the GAP of 23/24 March.


    https://hotcopper.com.au/data/attachments/2613/2613904-93fafcf2d31cce8721cd1317daf42905.jpg

 
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