I suggest short term you could call it a flight to safety, which correlates well with gold. This morning's news about NK's ICBM launch is a great example, pretty simple and fits well.
COT Gold Charts 2.0, page-9
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Last
$16.78 |
Change
0.210(1.27%) |
Mkt cap ! $19.20B | |||
| Open | High | Low | Value | Volume |
| $16.65 | $16.83 | $16.61 | $59.61M | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 422 | $16.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.78 | 4518 | 1 |
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| Last trade - 16.10pm 13/01/2025 (20 minute delay) ? |
| NST (ASX) Chart |
