or hold them hoping for a bounce?
The daily and weekly LGL charts do not inspire confidence. The gold price doesn't look too bad on the daily chart, with the double bottom and MACD rising. But it's a different story on the weekly. Also, the HUI looks weak on both charts, as does the HUI:GOLD ratio. With 7 out of 8 charts agreeing, plus the spectre of the global deflation breakout, the decision is a simple one and I will be selling mine today for whatever I can get. This is not investment advice, just a perspective of a short-term trader.
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or hold them hoping for a bounce?The daily and weekly LGL charts...
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Last
$1.46 |
Change
0.055(3.93%) |
Mkt cap ! $177.6M |
Open | High | Low | Value | Volume |
$1.42 | $1.46 | $1.42 | $5.837K | 4.045K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4274 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.47 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15227 | 1.390 |
1 | 309 | 1.380 |
1 | 729 | 1.370 |
1 | 25000 | 1.360 |
1 | 2307 | 1.300 |
Price($) | Vol. | No. |
---|---|---|
1.470 | 1000 | 1 |
1.500 | 13445 | 1 |
1.510 | 420 | 1 |
1.750 | 5154 | 1 |
1.850 | 1146 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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