Despite the Bearish signals incl long liquidation of gold positions in etfs, gold appears to be maintaining support.
This recent liquidation however was down from the new record highs in mid oct and investors appeared to step up on real weakness a short time back.
No clear signal has arrived to trigger price either way.
The safe haven, dovish central bank scenario may give gold its next boost.
DEG is blessed to be currently be seen as almost limitless. Although this can not be the case , mineralisation being open on so many fronts and the expanding rich footprint bodes well for sustained support from investors.
Thanks for the post AJ.
Goodluck and good weekend to all.
Chart - TA, page-2
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Last
$1.15 |
Change
-0.015(1.29%) |
Mkt cap ! $2.119B | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.17 | $1.13 | $10.40M | 9.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13119 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 33030 | 5 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.15 |
Change
-0.015 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| $1.16 | $1.17 | $1.13 | 1558882 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| DEG (ASX) Chart |