RSG 2.50% 39.0¢ resolute mining limited

Bottom here?, page-280

  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    Ha! Loki
    I would never think of you as horrible.

    I have been checking the gold charts
    With my Voodoo eyes.

    I see some similarity to just before the 2015 bottom....
    That would entertain a bounce to between $1220 and $1250
    Before heading down to a bottom below $1150
    Then gold could head up over $1400

    Another scenario is that the current pattern is similar
    to 2015 bottom and the big bounce could be very soon.

    Disregarding past patterns
    We are amost at the point of a bearish pennant flag
    and gold would be set to plummet within the next week.or so.

    I am going with the first scenario....for now.

    Cheers
 
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