Couldn't see a chart Thread, and I sure ain't going to start one with my amateurish dabbles (first time ever I've posted a chart!).
Looks like the Stochastics are as oversold as they can get, reading of 0! MACD seems to look like they want to converge but too early to tell yet. I don't think yesterday counts as a gravestone doji as the shadown isn't long enough?
In truth behind this from an FA perspective is a drop in price of gold. Right now there's nobody wanting to buy but also nobody rushing for the exit, just a bit of volume lurking in the sell column looking like positioned to be hit on news. 0.135 buy vs 0.15 sell at the moment tells me it's going to be quiet until next news bar any drastic upward or downward gold price movements.
Thoughts?
MTC Price at posting:
14.5¢ Sentiment: None Disclosure: Held
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