DEG 3.17% $1.38 de grey mining limited

[ATTACH] deg - white line Xauusd - blue A bit of divergence in...

  1. 43,250 Posts.
    lightbulb Created with Sketch. 1024
    deg-gold.png
    deg - white line
    Xauusd - blue

    A bit of divergence in the momentum. Comparatively speaking it is in the middle of the pack when tracking the gold price trend with CMM being the closest and others such as EVN reacting to the quarterlies and some junior producers doing a bit better.

    DEG however is still in the Spec since technically it has not done any shoving yet.

    I can see the divergence but I can't explain it. Perhaps DEG is just trapped in the multi-year sideways price action?
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.