Pretty much what happens when the gold price gamblers, Henny Penny's and chicken littles sell on masse the very minute a stop hunt is triggered... It is what it is. The minute these guys are attracted to a gold miner for a trade is the very minute someone in the financial system starts licking their lips. Yesterday was the day when traders felt the best about the gold sector/stock. Bullishness and capital inflows soar as gold/gold stock powers higher intraday. But consequently today is the point primed for gold and a gold miners SP to get a good whack on the head like a baby fur seal. Because it is the point in time when a lot of new holders/positions are in.... Like a broken record I've explained the phenomenon in Post #:70575291. See below...
Pretty much what happens when the gold price gamblers, Henny...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.62 |
Change
0.100(2.21%) |
Mkt cap ! $9.190B | |||
| Open | High | Low | Value | Volume |
| $4.45 | $4.64 | $4.43 | $39.78M | 8.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 62613 | $4.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.63 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EVN (ASX) Chart |