At close only 2 gold stocks where red out of 34 on the ASX. PNR 1% and BCN. VWAP was 3.3c but the SP died at the end.
All the moving averages and technicals point to a strong sell / oversold. Maybe a lot of technical traders selling and leaving the emotion / ignoring the goal kicking.
I guess the unusually high volume is a good sign. Giving the shares away for pittance is not.
Does anyone have access to broker reports? so we can see what outfits are buying / selling.
Comex is killing it atm.
Ann: Jaurdi Gold Production up a Further 20% on Previous Month, page-102
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