Lawrence McDonald earlier this year posted this terrific chart. "What happens to Gold when the Fed stops hiking rates?'. This is now relevant because over the last 14 days the 'Fed Fund Futures' have changed materially. The market no longer believes there is any chance of a further rate hike. V
Charts, page-43
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Last
9.5¢ |
Change
-0.005(5.00%) |
Mkt cap ! $22.17M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.5¢ | $139.5K | 1.407M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 107369 | 2 |
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| Last trade - 15.56pm 04/10/2024 (20 minute delay) ? |
| BML (ASX) Chart |