I agree with most points but it appears gold miners have been oversold so far considering the situation we are in at a global economic scale. Especially in relation to many other sectors which will be hit a lot harder than gold when the real crash arrives, it’s interesting Gold has been bashed down more. I think there is more at play than just the macro situation. Clearly there is manipulation and interference at play by many institutions. IMO gold will be the first to reverse and recover when the real pain arrives so I can’t see the downtrend continuing that much longer because personally, I see the real pain arriving before the end of the year.
Once retail are aware of the situation then look out - most sheep just watch sunrise and the 6pm news and think we are in financial utopia for the rest of our lives, don’t forget housing prices are going from ‘strength to strength lol). IMO gold stocks are going to see liquidity arrive and people will look at the charts and see wow what a bargain, how has a gold stock dropped so much?! Time to get involved now! No waiting around…
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Last
$13.86 |
Change
0.570(4.29%) |
Mkt cap ! $15.92B |
Open | High | Low | Value | Volume |
$13.71 | $13.91 | $13.63 | $79.37M | 5.751M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35544 | $13.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.86 | 28982 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35544 | 13.850 |
1 | 15959 | 13.820 |
1 | 400 | 13.800 |
3 | 31025 | 13.790 |
2 | 17023 | 13.780 |
Price($) | Vol. | No. |
---|---|---|
13.860 | 13742 | 1 |
13.870 | 16476 | 2 |
13.880 | 17516 | 6 |
13.890 | 17189 | 2 |
13.900 | 15029 | 4 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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