If the USD PoG hits $1920 again with exch. at .90 USD thats over $2100 AUD, if AUD drops further to the .80 USD RBA target then we are up to $2400 AUD/oz!
A new AUD high would correspond to $1656 USD/oz at .90 USD/AUD, and just $1472 USD/oz at .80 USD/AUD.
I know, I know, pie in the sky stuff at current prices...
Meanwhile, the 1 min charts are looking pretty strong.
SLR Price at posting:
71.5¢ Sentiment: Hold Disclosure: Held