Yeah mate the market is not rational and that does create opportunities. Its all in the timing.
Having a look at the chart here and support in the bigger range is at $3.81 and we have minor resistance of the smaller range at $3.8175 so if it gets down here then we'll have to see how it interacts with these numbers.
The number to get back above at this stage is $3.925 but that is looking unlikely judging by the overnight action.
Volume is also picking up and a panic sell down on heavy volume to create a washout low certainly isn't out of the question.
If the support levels give way then $3.71 is the first target.
Central bank algos are still heavily selling this gold game. Its increasingly difficult to call this thing a market.
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Last
$1.66 |
Change
0.033(2.00%) |
Mkt cap ! $1.255B |
Open | High | Low | Value | Volume |
$1.65 | $1.67 | $1.62 | $3.363M | 2.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 29130 | $1.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.66 | 62765 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 84304 | 1.650 |
25 | 170458 | 1.645 |
21 | 167697 | 1.640 |
12 | 59297 | 1.635 |
11 | 344122 | 1.630 |
Price($) | Vol. | No. |
---|---|---|
1.655 | 35300 | 15 |
1.660 | 95550 | 26 |
1.665 | 105089 | 19 |
1.670 | 199881 | 16 |
1.675 | 53623 | 10 |
Last trade - 13.59pm 31/07/2024 (20 minute delay) ? |
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