RSG 1.88% 65.3¢ resolute mining limited

Gold touches $1700AU an ounce, page-90

  1. 4,306 Posts.
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    No special insight form me Fangk. Like you say it is not the GDXJ selling themselves but I believe it is due to parties related to Van Eck. The GDXJ volume last night was very high at about 70% more than 50 day average.

    I'm usually not one to cry about manipulation but there is clearly some games going on here. I always remember in January 2016 when the gold price was doing quite well on geopolitical tension and US market weakness there was one final shake out of the gold stock indices below a key support level. It was for about a week where they diverged markedly. It was textbook charting stuff allowing 'smart money' to move in. Not saying that is going to happen here necessarily but the current landscape would normally be very bullish for junior gold miners.

    GDXJ chart historic.png
 
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Last
65.3¢
Change
-0.013(1.88%)
Mkt cap ! $1.362B
Open High Low Value Volume
64.5¢ 65.3¢ 63.5¢ $2.210M 3.434M

Buyers (Bids)

No. Vol. Price($)
26 171505 65.0¢
 

Sellers (Offers)

Price($) Vol. No.
65.5¢ 390124 28
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Last trade - 12.36pm 09/09/2024 (20 minute delay) ?
RSG (ASX) Chart
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