RXL strictly charting and TA only thread, page-324

Ok time for a chart update.
While nothing to get too excited about, there does seem to be an effort to support the price at current levels - pre Grace discovery level.
I dare say that without negative news we should be able to maintain the current range.
- We aren't likely to see a CR,
- consolidation fear should now be cooling off,
- POG just had a strong bounce off 1795, hopefully it holds up despite the (fake) USD rally.
- Drill results should start coming more frequently with more rigs



I note the bullish divergence, higher lows on RSI and higher lows on the wavetrend despite lower lows in price.
As noted sitting on support of pre Grace discovery, shouldn't be broken so easily.