Agree however what I am looking at is the recent market correction flushed the toilet so to speak on the shorters, who cashed in to cover stop losses. (End of month settlements Feb 2020)
I doubt they have jumped back in so quickly given the volatility of world markets and very few safe havens but gold.
Therefore JMT the only logical reason is a interested party shaking weak hands in nervous times.
As you rightly mention gold hasn’t fallen in in Aust $$ is at all time highs. Gor down 30%...oversold???? Why???
something smells????????
Goodluck to all holders.
Cheers Aussie
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Last
$1.56 |
Change
0.025(1.63%) |
Mkt cap ! $1.690B | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.56 | $1.54 | $4.453M | 2.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 59999 | 6 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| GOR (ASX) Chart |