Gold is rapidly approaching a critical support level around $US 1,800, and if it fails to find support here on a weekly basis it could quickly drop to $1,600 or even 1,560. Two weeks ago I would have thought it impossible, but even as I'm writing this gold is off another $30/oz to $1,806 so it's continuing to take a massive beating. I've been watching WAF closely for 2-3 months looking for a potential entry, but if that support level is broken it could be a really volatile and white-knuckle ride for investors, so holding off for now. I agree that being an unhedged producer probably amplifies the moves both ways.
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Last
$1.42 |
Change
0.015(1.07%) |
Mkt cap ! $1.623B |
Open | High | Low | Value | Volume |
$1.43 | $1.45 | $1.41 | $2.573M | 1.801M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 83565 | $1.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.42 | 128016 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 113531 | 1.410 |
18 | 133680 | 1.405 |
15 | 76120 | 1.400 |
12 | 454907 | 1.395 |
3 | 13890 | 1.390 |
Price($) | Vol. | No. |
---|---|---|
1.415 | 98232 | 27 |
1.420 | 90442 | 22 |
1.425 | 131983 | 23 |
1.430 | 173906 | 18 |
1.435 | 49947 | 11 |
Last trade - 13.41pm 16/08/2024 (20 minute delay) ? |
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WAF (ASX) Chart |