if $ 25 gets taken out, $ 20 is a very strong trend-line support. I am looking to get back in, just need to get the timing right. There will be bucket loads of bargains on the ASX. If I had to put a figure on it at this point, $ 24.5 will be the low. This would correspond with gold getting to about $ 1275. I see a new long swing up from this point forth. Also $ 24.5 is the 60 % fibonaci level. The 60 % level is considered to be the strongest of the lot.
I am closely watching the price movements here, I think opportunities are not to far away. Some of those silver stocks on the ASX have taken a beating.
