With 70 billion USD imposed by China over night. it's only the beginning. The scenarios from October- December last year are at play here. Global indices got smashed overnight and gold price skyrocketed to $27.32 USD an ounce with Australian futures up $45AUD.
if people want to see return on their investment then stay in the resource sector, especially Gold. you got to go where the money is going. A lot of uncertainties with global economy and trade war is making things worse. VIX index does not look good at all
Its setup nicely for next week! Another Ann from the company now would be very good. Expect a roller coaster ride for the next 5 months.
My prediction is that gold will hit $1650 USD by end of the year.
NVA Chart, page-160
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $40.76K | 260.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50778 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 20036 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |