DEG 8.71% $1.10 de grey mining limited

GOLD failed backtest on Monday and dropped back into lower...

  1. 2,410 Posts.
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    GOLD failed backtest on Monday and dropped back into lower range.

    Took a couple of days but has just bounced directly off support mentioned around $1766

    DEG on the other hand has seen steady buying to keep it up near resistance and managed to close todays session with a breakout!

    Tonight is looking like it could be a wild one and I'm out the door early tomorrow so I'll have to leave post here.

    Whatever happens tonight holders will want to see DEG follow through breakout in next session.

    If it can follow through and hold then should see a push toward $1.11 but $1.17 looks to be a firm target.

    Obviously GOLD will help if that $1766 support can hold however DXY is looking strong and I hate leaving my trades in Jeromes hands so I'm wishing you all luck.

    I'm currently heavy short a few indexes, have moved my stops to lock in decent profits but I'm happy if can wake up with some even better numbers in the account but it's lights out for me now..

    GOLD daily
    https://hotcopper.com.au/data/attachments/4602/4602620-2395880857ce5c08f3d074a5dc44edc0.jpg

    DEG daily
    https://hotcopper.com.au/data/attachments/4602/4602624-bd8f533b3a93ab38e5f9101529445615.jpg

    DYOR
    GLTAH
 
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Last
$1.10
Change
-0.105(8.71%)
Mkt cap ! $2.636B
Open High Low Value Volume
$1.17 $1.18 $1.10 $10.13M 9.044M

Buyers (Bids)

No. Vol. Price($)
27 299043 $1.10
 

Sellers (Offers)

Price($) Vol. No.
$1.11 77991 2
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Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
DEG (ASX) Chart
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