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.
or hold them hoping for a bounce?The daily and weekly LGL charts...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.81 |
Change
0.000(0.00%) |
Mkt cap ! $220.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1700 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 7500 | 1 |
View Market Depth
| Last trade - 09.59am 07/08/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable