Fresnillo: Reasonable

13 באוק׳ 2022

Fresnillo is back to being reasonable and – in accordance with our expectations – has moved downwards again. Now, it should keep up this drive to make it below the support at GBP 456.60 and thus into the turquoise zone between GBP 473.60 and GBP 250.00, where it should finish wave (2) in yellow. There is a 35% chance, though, that Fresnillo could escape above the resistance at GBP 997.60, thus triggering further ascent above the next mark at GBP 1379.