SAU 4.35% 8.8¢ southern gold limited

Any TA perspectives AJ? Obviously a bit of a downtrend since...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,151 Posts.
    lightbulb Created with Sketch. 2294
    Any TA perspectives AJ? Obviously a bit of a downtrend since August last year but the last two days shows how quick it moves given low liquidity.

    Also slightly off topic but not totally. I don't want to go searching the gold forum. What's your opinion on the POG breaking long term downtrend argument? I know you don't like diagonal trend lines but this one seems to have been pretty prominent. From memory there were some congestion zones around current price and $1,300-$1,306. So a bit of overhead resistance still to contend with?
 
watchlist Created with Sketch. Add SAU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.