Should bounce off reinforced $2.31 support now. Gap to yesterday’s low of $2.49 to fill. I’m not expecting US$POG to help much until Fed rate hike cycle peaks, but when it recovers it will do so faster than A$, so IMO, Ozzie Goldies are the go. DCN looks very promising over next few years, if I’ve failed to pick the bottom, will be happy to add more later.
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David Keane, Co-Founder & CEO
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