Triple bottoms are rare. Gold to break below $1,850 and bottom mid-December. We're having a frustrating long sideways whipsawing type correction. Should drop to the support zone at US$1,800, and test the 200DMA. Advancing phase will initially also be frustrating with a possible retest of the low. By May or June next year we'll be away and have a good chance of seeing US$2,500. GDX should test it's all time high of $67 and WAF will easily hit $2. Still, we've got some frustrating times ahead. All IMO.
Triple bottoms are rare. Gold to break below $1,850 and bottom...
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Last
$1.40 |
Change
0.030(2.19%) |
Mkt cap ! $1.592B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.40 | $1.37 | $4.058M | 2.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10381 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 14823 | 3 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| WAF (ASX) Chart |