There is no reason why a weekly low of 1650 can't be reached. The short term trend though is up so you have to be aware that these areas may be reached as a normal consequence. The point of resistance is around 1750. The results due out soon will establish whether this gets broken or not. My oponion, or should I say, my hope is that it does break 1750 and the sooner the better.
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zinifex limited
There is no reason why a weekly low of 1650 can't be reached....
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