Hi Tex,
i think support is around $720 initially and then $695-$700 area. I would not be surprised if Gold tests that lower level in the next week or so, and technically it will take a break above $755 to make be more bullish on Gold.
Overall Gold has the tendency to drop hard when it starts to fall and with such a large commercial short position I would not be surprised if that was to happen this time around. Thats why I have lightened up on some of my Gold shares positions waiting for a better time to re-enter.
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Last
$62.69 |
Change
-0.990(1.55%) |
Mkt cap ! $12.15B |
Open | High | Low | Value | Volume |
$63.32 | $63.49 | $62.39 | $33.80M | 538.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1702 | $62.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$62.72 | 22 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1702 | 62.460 |
1 | 1000 | 62.410 |
3 | 2277 | 62.400 |
1 | 1702 | 62.340 |
1 | 200 | 62.300 |
Price($) | Vol. | No. |
---|---|---|
62.720 | 22 | 1 |
62.740 | 1702 | 1 |
62.760 | 355 | 1 |
62.800 | 1702 | 1 |
62.810 | 1376 | 3 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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