EAR 0.75% 33.3¢ echo resources limited

No end in sight here, Gold market in the doldrums and sentiment...

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  1. 4,287 Posts.
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    No end in sight here, Gold market in the doldrums and sentiment is near zero.

    Though we are closer to a turn...

    XAUAUD in a monster 11 year symmetrical wedge..





    EAR range bound in 22c-27c needs to hold around here.

    upload_2018-7-20_13-40-21.png



    Sentiment on Gold/Silver/Copper is near 2015 lows at 7, they bottomed at 4.

    upload_2018-7-20_13-52-13.png

    All in all, sent is very low and the impatient are selling... needs flow of news and Gold to trend higher.

    Gold performance over the last 8 August months, only showed one negative month, 2016 after a 350usd run up in price.


    The stage is set for EAR..


 
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Currently unlisted public company.

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