Gold Price up so must be macro related.
DXY USD$ flat but in a V chart intraday, so something spooked the equities at ASX close.
So FMG got hit at close
longer red candle now with 52c body 17c neck & 0c tail
meaning closed at daily loaws
and below 23.50
so the 23.90 area prior higher high is showing resistance here
still its way above the support piviots of 21.50 & 22.50 but still zigzagging around 21-24 since 7 Jan to now going nowhere in a sideways pattern.
Where is the BB team with their $3B funds?! MIA.
SHORTS in charge today and made good profits
They await the BIG SHORT ive been mentioning, chart breaking down above 23 not a good sign.
26.00 top I called in Jan looking very far way away for some time now.
SHORTS are BURNING the LONGS.
FMG Technical Analysis, page-6808
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Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |