Fresnilo

This was a good shout, been short since you raised it

This one is still heading towards the full retrace.
This ones playing out very nicely
Im planning on going long at 1259 or very close to this with a tight stop on a first attempt basis. This area has got multiple supports attached to it.
Support comes from 1276 to 1259 so pretty close by together.
This looks like its heading to the rounded top target from a while back



support....1276,,,1259,,,1200,,,1140

All the minors are struggling

This is my 1000 post....lol...I need a holiday

This is breaking down currently.
This also respected the trendline yesterday so looking bearish. Recent death cross as shotry mentioned.
This one should be traded towards the short side as the trend is down

Death cross approaching fast on the daily chart. How significant is that?

Remo- my thoughts are along the same lines as yours. I was closely monitoring this stock and there isn't enough conviction to represent a buy. I think there is another leg to go which hopefully will provide some
Bullish divergences. Will be watching the candles very closely in the next leg down.

Gold is also retreating as I type. Hope I will manage to catch a good trade soon.

Im short on the back test of the trend line on this. My stops are above 1555 .
The reasons im short is due to the rounded top formation breakout and the fact that the 61.8 fib broke with ease and the main trend line broke.
My targets are 1250ish area as thats where the rounded top formation target is and also the full retrace.



dyor