DoubleeGood comment! The HUI tumbling and gold well down but AVO...

Doublee

Good comment! The HUI tumbling and gold well down but AVO up on strong volume. Strong overhead resistance today coming in at the A$2.45 to A$2.60 area from those hung up at the top of the last rally. Strong US$ going forwards and further gold weakness could cool what would have been a strong AVO rally on excellent fundamentals. Given the market backdrop A$2.59 may have been the peak of this rally and we may see prices fall back to A$2.25. I hope not as I'm not selling. However, this is what seems to be happening.