Loki,
I agree with your assessment, however I need to correct my own posting, I stated the future is unknown as far as Gold prices, this is true for the medium term onwards, but I find the short term price movements of Gold are generally predictable.
I am happy to post experts medium term predictions but I don't take them too seriously as there are too many variables. For me, I am primarily focused on what is affecting Gold now, why is it trending in a certain direction and how I can profit from it, I am generally successful in this, well until someone decides to dump 400tons of paper Gold all at once on the market and we all know what that is all about.
I like the negative sentiment at the moment and will be watching closely for another entry point into RSG, sometimes I miss as I did with KCN at 85c, almost pulled the trigger, but almost does not count, RSG has been profitable most of the time and I cut any losses quickly,I guess I'm just a momentum trader, I am not a technical trader but I am always interested in reading technical and fundamental analysis from those skilled in these areas.
Thanks for the post.
DYOR.
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Last
71.5¢ |
Change
0.030(4.38%) |
Mkt cap ! $1.522B |
Open | High | Low | Value | Volume |
70.0¢ | 72.5¢ | 69.5¢ | $8.231M | 11.56M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 110815 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.5¢ | 256373 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 110815 | 0.710 |
4 | 172992 | 0.705 |
6 | 49842 | 0.700 |
2 | 57367 | 0.695 |
5 | 79267 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.715 | 256373 | 3 |
0.720 | 303981 | 10 |
0.725 | 260036 | 8 |
0.730 | 505947 | 6 |
0.735 | 47367 | 2 |
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