Just no trade happening. Clinton is probably going win, and interest rates go up bla bla bla. Essentially gold could take a dip between now and the time narrative changes.... ie oh we have INFLATION now, oh Clinton is looking to get expansionary now.
Might just have to wait a while, well until after rate rise.
Did anyone read that article on bloomberg re bond market? As a complete aside go read that.
On the flip side if Trump wins this thing goes ballistic... Well up 30 %.....ballistic for RMS. Todays little downward spike is perfect and the chart shows quite a few times where this exact setup happens and RMS pops up.
Ann: September 2016 Quarterly Activities Report-RMS.AX, page-98
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Last
$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $2.606B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.22 | $7.884M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29957 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 319256 | 8 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |