Gold futures looking very strong. Expectation of another attempt at $1800 after some nice sideways base forming since early April. Lets see how it plays out. Why is this important to PDI?....Well aside from the obvious, algorithm traders can setup trades based on the price of the base commodity. IF POG goes up it can correlate to increase of gold ETF purchases. IF POG goes down then the algorithms sell the ETF's. Effectively the bots play out the swing trade game for you. Switching to a buy again from a hold. DYOR and not advice. Cheers.
Chart, page-183
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Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $564.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.8¢ | $1.990M | 8.443M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 243000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 607196 | 8 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| PDI (ASX) Chart |