I suspect lots of conditional sells kicked in, given it broke the $1.30 support level.
Could be a number of things though.
The positive here, is that this is a great buying opportunity. Let's hope Materials can bounce overnight also.
I found these 3 new articles very interesting also:
1. https://www.msn.com/en-us/money/markets/chinas-central-bank-resumes-gold-purchases-after-six-month-hiatus-in-nov/ar-AA1vqmdW
2. '‘An Asset No One Can Freeze’ ' https://www.kyivpost.com/post/43264
3. https://www.businesstoday.com.my/2024/12/08/china-vows-to-open-up-commodity-futures-market/
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 (20min delay)
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Last
$1.65 |
Change
0.050(3.13%) |
Mkt cap ! $639.9M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.73 | $1.62 | $4.597M | 2.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9995 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 761 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| CHN (ASX) Chart |