Great conditions for the price of Gold , quality Gold stocks such as EVN should reap the rewards providing Gold actually does move forward. I would say the next major point of resistance would be around recent highs at $4.40, where it was lucky if it held long enough to finish a cup of tea last month. Wicks around $4.40 will be filled with momentum where it should assist gaining momentum but much depends on the price of Gold. As obvious as it sounds many investors and traders imo will be watching the POG and $4.40 area before adding more or buying in.
Gold price, page-38
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Last
$4.87 |
Change
0.085(1.78%) |
Mkt cap ! $9.796B | |||
| Open | High | Low | Value | Volume |
| $4.99 | $5.01 | $4.86 | $25.39M | 5.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 105143 | $4.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.87 | 52687 | 60 |
View Market Depth
| Last trade - 15.32pm 08/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |