Big volume days once the CR was announced. Yesterday+today have big volume at key support levels. The recovery of price today instead of the rush for the exit off yesterday's very bearish break is a good sign IMO. The big volume does help to confirm the reversal I too suspect.
Too much for me to add from a risk exposure perspective, a potential trading opportunity from a swing perspective but I prefer to look elsewhere for better chart technicals on a risk reward basis.
Gold literally hit a TL going back to the eighties and settling above this TL.
Chart - TA, page-3953
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Last
$1.47 |
Change
-0.010(0.68%) |
Mkt cap ! $3.523B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.49 | $1.46 | $4.831M | 3.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52325 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 144705 | 6 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |