Fresnilo

18p down for the day late on Friday with Silver/Gold falling

Large falls this morning with Aussie miners and gold/silver (low Q1 China GDP), some gold miners(-8% to -20%), might see that 1259p today Remo for FRES?

Question, how do you gauge the sp action with a fast approching intended entry price approaching?

(Lower stakes on 3 contracts rule; Gap downs; reset support target with fast moving market looking to go lower?????)

Up coming RNS, next Thursday (Q1 Production Report 18th April 2013)as per FRES website.

Doesn't like going below 1279p at present (close to 1276p & 1259p supports mentioned below)will 1200p & 1100p come into play?

Hi deadcatbounce
Id wait for a 123 low before its safe to jump in.Its not had a higher high since December.
That where the 123 low comes in
Otherwise its still in the down trend and very bearish. So its risky to go against the main trend. Unless your day trading and your planning to hold for short term trading

rsi starting to turn?

Looks bullish if US$26 odd and £12.59/£12.76 holds.

uk.finance.yahoo.com/echarts?s=SLV#symbo...off;source=undefined ;


FRES: Is that a Wave 1 ? (November 2008 - September 2011)

That's bullish.

Quadruple bottom lol?

Watching this too...

dl.dropbox.com/u/4385922/Fres0504.png