It's not just the US markets that are looking positive.
This is well worth a look.
http://goldstocksforex.com/category/stock-markets/
Colin Twigs shows a large range of stock markets and most show good bottoming patterns.
I like this line;
"Always bear in mind that the primary up-trend rests on unstable foundations (private sector deleveraging offset by deep government sector deficits) and may not last much longer than the November elections."
I do not normally look that far forward these days, but that would fit in very well with the projection I showed on my chart of the DOW earlier today. If we see a rally for that long, where will KGL get too?!
Gold currently testing the down trend line.
My money is on a clear break in the next few days.
If I'm wrong then I doubt it will drop much and it should try again over the next couple of weeks.
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Last
9.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.00M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 126285 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 57500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 116285 | 0.093 |
1 | 500000 | 0.092 |
3 | 400000 | 0.090 |
1 | 5378 | 0.086 |
1 | 35176 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 57500 | 3 |
0.110 | 111500 | 2 |
0.120 | 10046 | 2 |
0.130 | 157292 | 1 |
0.000 | 0 | 0 |
Last trade - 16.21pm 18/07/2025 (20 minute delay) ? |
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KGL (ASX) Chart |
Day chart unavailable