Might be worth a look. Some basic stuff. Macd Dmi Rsi and williams are bottoming out nicely. Close yesterday indicates a reversal (note vol) Todays (low) volume indicates a resistance to go down further. The date stamp on the target line is a time by degrees date that might be interesting to note. This low is the third higher low after the $1.00 low back in September but on the other two higher lows the indicators were not ready. One of the rules I use is never sell on the second bottom out from the major low but the indicators were not strong enough to buy either Now I believe they are. Risk reward ratio 2.87:1 calculated to the first resistance point above ie 1.34. The next would be 1.50 Are the company and economy conditions suitable for gold to rise? Lets hope.
SLR Price at posting:
$1.20 Sentiment: Buy Disclosure: Held