well there you go Brauny, picking perfect tops for hedging aint so easy afterall... if we had gone withyour 2800 call we would be almost 200 under now. GMcG will have you marked as spam if you keep mailing him over hedging prices.
they have hedged enough to ensure a profitable half year no matter what gold does, the rest is unhedged deliberately.
gold might be overbought on the daily chart.. but its broken out of much bigger formations in multiple currencies, big fish overwhelmed the short term traders traders in the last few days.
In AUD we have broken out of an ascending triangle from its previous all time high
against doctor copper it has broken out and has heaps of upside to go, smells like the market is finally ready to acknowledge rescession
XAUAUD
DXY also not looking to flash.. looks to be rolling over
Gold Copper ratio.. well and truly broken out in golds favour
Ann: Trading Halt, page-50
-
- There are more pages in this discussion • 33 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 BCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.6¢ |
Change
0.003(13.0%) |
Mkt cap ! $97.67M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.6¢ | 2.4¢ | $273.1K | 10.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 565078 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 2657646 | 5 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BCN (ASX) Chart |