DEG 1.67% $1.18 de grey mining limited

Gold getting a good kicking in the last couple of hours as I...

  1. 3,834 Posts.
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    Gold getting a good kicking in the last couple of hours as I assume the game looks like it's up for Trump? It's interesting though that the price (in $AUD especially) has not really retraced any further than early August. In that time DEG went up over 2 fold before this latest pull-back.

    DEG clearly broken below the 50 day SMA and hasn't bounced back like before. Has bounced off the long-term trend line though. Certainly a case of squeaky bum time.

    https://hotcopper.com.au/data/attachments/2619/2619573-3085fbf44724929a61bb005d4524a545.jpg
    Last edited by englfc: 04/11/20
 
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