Gold got a smackdown below the support at $2.3k. A good 5-10% drop in SP across the gold miners and I expect the same when the ASX on Tuesday.
In short term, it is hard to forecast price, but with any commodity (gold, rare earth, copper, zircon, etc) you need to take a view on future pricing - look at all the factors….and they all seem to point to a much higher gold price in the future. Next week, next month, next year, who knows, but you need to be in it when it runs.
Ann: Successful Capital Raising to Restart Paulsens, page-40
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Last
55.5¢ |
Change
-0.030(5.13%) |
Mkt cap ! $246.1M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.5¢ | 55.0¢ | $3.064M | 5.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 444627 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 65495 | 10 |
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| BC8 (ASX) Chart |