Looking at silver prices it looks
to be making a move tot the upside
therefore im looking for a trend
reversal which looks to be
happening on the 4h macd
Im looking for a breakout through
resistance and a test as a support
level before the up move continues
Check timeline properly.
Every year around spring a swing starts on the upside as we kick start drilling operations.
BoD are all aligned with shareholders at a much higher price, why? because they believe in the project.
We ask ourselves why they would do a placing now? Because that's what normally mining companies do ahead of drilling as they need the cash.
Gold breakout & looking fantastic, next level I see is 1775
I'm a big holder of Ariana Resources AAU & have targets of 4p or 6.2p upon JV news within next 5 weeks.
Costs for mining are extremely at low level - $500
Look for gold producers with attractive ASIC!!
Gold continues to push higher in its current bull trend with all indicators pointing upwards, apart from the RSI which is slightly overbought but this is gold we are talking about...
I am looking for buys but we have some tough resistance building up on the way up. Some more bad news should lead us through that area - possibly today's FOMC but keeping an eye on...
SELL – ANGLO AMERICAN (AAL)
Anglo American PLC is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals, and bulk commodities.
Anglo American recently delivered an impressive set of half-year results, yet the share price has fallen significantly in...
Bulk of mine finance package now arranged, small residual left, which has been recently reduced in size. Finalising this should trigger re-rating. Excellent economics when fully developed. Approaching break of 200MA, RSI climbing and MACD looking good. Triple bottom in place.
Looking at the current confluence on the chart, it looks to me like we won't come out of the current down move until mid April. This being said, I suspect that we could see a bounce from the bottom diagonal and thus I would be a buyer pre-April if we saw a drop to that diagonal (currently ~ 14p).