My new potential short term zone of support and resistance between $1.35 and $1.37 is now well broken.
Am looking for the price to respect a new zone between $1.24 and $1.29 and keep its head above the IC cloud on the daily chart.
Sharp sell-offs in a rising trend have been a feature of recent trading. Hawkeye volume on the daily chart shows predominant selling for 6 days in a row. That surpasses the 5 day sharp sell-off at the end of April that can be seen near the centre of the chart. Despite these sell-offs being relatively high volume events and prominent features of the chart and the gold price falling sharply in this time, the sellers whomever they are, are still losing.
I am not withdrawing the buy the dips memo previously issued. The boss has bought higher than today's close and that's good enough for me. He didn't need to IMO. DYOR all IMHO. Esh
My new potential short term zone of support and resistance...
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Last
53.0¢ |
Change
0.015(2.91%) |
Mkt cap ! $1.128B | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.5¢ | 52.0¢ | $13.30M | 25.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 280119 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 1254766 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RSG (ASX) Chart |