Gold had an intra night retrace. It was due. The overall reality of this is that the A$ dropped like a stone so gold is still near its high of A$3625 at this point. Our dollar has come back from 66c to 6460. Great news for Oz based gold plays. The overall market only looks at the US price as a rule and ignores that reality of course. Everything going well with the gold price imo. It’s clock work so far. The shorts have been killed on the way up and will want to try and pick it. I think it’s buy the dips for some time. Time will tell. Dyor.
Gold had an intra night retrace. It was due. The overall reality...
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Last
47.5¢ |
Change
0.015(3.26%) |
Mkt cap ! $215.1M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 49.0¢ | 45.0¢ | $686.4K | 1.459M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 111962 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 57092 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |