re: gold and shares down in us It's a funny thing about TA- everone sees what they want to see, including myself.
I drew an Andrews pitchfork on LHG chart and just can't seem to see a downtrend channel. On the contrary there is a strong uptrend starting from 8/Sept.
The channel would be broken if LHG closed below 1.22. My stop is 1.22. This is now a 2c risk for a potetial >10c rise. I like those odds.
POG didn't do too well in the US last night but it didn't get smashed either, just a healthy pullback. Gold shares also got sold off so the next 2 days should be interesting ...
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