With broker recs averaging at 70c to a dollar - watch them sell it down to the 40's again or low 50's .
they willl want a 50% to 100% margin for profit - and may try to make the mums and dad squirm a bit longer.
The risk premium is too high on leveraged gold plays to pay anything more than say 40c to 50 cents on PRU.
Gold at 1500 paints a different story though.
Games and more games .... Daily MACD is looking crappy.Weekly looking ok.
Expect volatility. Needs to hold over 60 cents to stay in medium term up trend.
With broker recs averaging at 70c to a dollar - watch them sell...
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Last
$2.38 |
Change
-0.020(0.83%) |
Mkt cap ! $3.269B | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.36 | $6.595M | 2.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110442 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 116254 | 7 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |