Hello mirren.
Yes, back from the edge.
Going well.
3 factors framing gold's fortunes …
1. The dollar
2. The dollar
3. The dollar
hehe
Seriously, it is primarily the USD imho and its strength persists. Charting savants have been calling for its demise for quite a while but the FED's QT has placed their big hand on that rudder. Now that the FED has paused that caper, there may be an inflection on the USD chart this week. We'll see.
But dollar down and gold up is the eternal relationship.
There's another factor. The Yuan. It's chart has almost 100% correlated the gold chart. And now the G20 **fest reports Xi and Trump are making up. So whither the yuan?
Moderator: pls tolerate this gold chat, it's the AZY biz plan to find the stuff.
Hello mirren. Yes, back from the edge. Going well. 3 factors...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $49.61M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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| Last updated 14.50pm 03/05/2024 ? | |||||
| AZY (ASX) Chart |