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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- Ann: West African NWR Virtual Resources Presentation 2020
Ann: West African NWR Virtual Resources Presentation 2020, page-122
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Last
$1.53 |
Change
0.100(6.99%) |
Mkt cap ! $1.572B |
Open | High | Low | Value | Volume |
$1.49 | $1.53 | $1.48 | $5.597M | 3.698M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5220 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.53 | 42226 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2933 | 1.520 |
1 | 2933 | 1.515 |
1 | 2933 | 1.510 |
1 | 2933 | 1.505 |
1 | 2933 | 1.500 |
Price($) | Vol. | No. |
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1.535 | 11013 | 2 |
1.540 | 10933 | 2 |
1.545 | 2933 | 1 |
1.550 | 80260 | 12 |
1.555 | 2933 | 1 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.51 |
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Change
0.100 ( 5.95 %) |
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Open | High | Low | Volume | ||
$1.49 | $1.52 | $1.48 | 1976385 | ||
Last updated 15.59pm 31/05/2024 ? |
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