BGL is currently testing the 50c support level, however with the recent break down through the descending flag pattern ~52c, it's likely that this level won't be able to hold and further downside is likely following on from the recent decline in the gold price.
The measured move for the descending flag pattern is ~40c with the next major support level below that ~35c.
BGL Technicals - Expecting further downside
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 (20min delay)
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Last
$1.95 |
Change
0.040(2.09%) |
Mkt cap ! $2.248B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.97 | $1.93 | $1.415M | 726.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 18274 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 36987 | 15 |
View Market Depth
| Last trade - 10.33am 06/06/2024 (20 minute delay) ? |
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Last
$1.92 |
Change
0.040 ( 0.14 %) |
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| Open | High | Low | Volume | ||
| $1.94 | $1.96 | $1.92 | 248382 | ||
| Last updated 10.52am 06/06/2024 ? | |||||
| BGL (ASX) Chart |