GoNuke,
I think $1000/Oz is a BIG resistance level for gold and most traders would exit and wait and see. A breakout over $1000 would be the next buy signal. This probably translates into a cap of 29c for IAU for now.
IAU has great fundamentals so would expect good news to ultimately push the price up, but you need to decide if you are a trader or a longer term investor.
60c price target recommendation , page-6
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Last
45.0¢ |
Change
-0.010(2.17%) |
Mkt cap ! $256.8M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 43.5¢ | $271.8K | 606.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31773 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 20385 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| A1M (ASX) Chart |