the longer it goes on the better it looks as production is just around the corner.
Technically a break above .475 confirms the bottom. Its already retested the low and bounced 10% so its not too shabby.We just have to build on it.
Technicals are all mostly neutral so lots of room to run.
The only hiccup I see is a liquidity event.One is coming, just not sure when. It could be soon.
When it gets here we need to see how gold reacts to a higher US dollar which will more than likely occur.
And also how gold stocks fare as its possible for the metal to rise with all paper taking a hit.
WAF Chart, page-13
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Last
$1.59 |
Change
-0.020(1.24%) |
Mkt cap ! $1.634B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.57 | $2.464M | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13710 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 19076 | 5 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |