TRY 0.00% 3.0¢ troy resources limited

Technical Analysis, page-184

  1. 971 Posts.
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    Agreed AgHead. I doubt there's more than $100 left in the USD gold market correction. And quite possibly a lot less.

    For Troy, as with the company's fundamental picture, the long term charting picture remains bullish (imo).

    We have a clear break of the long term downtrendline from the 2012 peak (weekly log-scale chart) and a bottom in place at 5.8c indicated by (i) a long-legged doji (weekly chart) and (ii) a textbook Inverse Head and Shoulders formation. Re-tests of the downtrendline and H&S neckline (from above) are currently in progress. All normal and healthy.
 
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Currently unlisted public company.

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