Alasdair Macleod has some reasons why the gold chartists are struggling to make sense of the current trend lines.
https://kingworldnews.com/weekly-wrap-with-alasdair-macleod-01-07-2023/
Seizing Russia's assets may have been a US foot-shooting exercise, and the tightness in the physical markets, with many countries now scrambling for gold. Even the dear old Aussie Future Fund!
Best looking weekly chart, page-1197
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Last
$13.86 |
Change
0.570(4.29%) |
Mkt cap ! $15.92B | |||
| Open | High | Low | Value | Volume |
| $13.71 | $13.91 | $13.63 | $79.37M | 5.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35544 | $13.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.86 | 28982 | 3 |
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