In other words, gap close would be at 24c, charts look to have bottomed on current support at 30c.
There is not much downside risk left, time to start buying up while at around this price.
Follow the 10Y yields vs XAU/USD charts, gold has bottomed here and is primed for a resumption. All miners are looking very attractive at these levels.
E2M Chart, page-22
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $49.34M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $50.34K | 310.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15677 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 46218 | 1 |
View Market Depth
| Last trade - 15.04pm 17/05/2024 (20 minute delay) ? |
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Last
15.5¢ |
Change
0.005 ( 3.13 %) |
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| Open | High | Low | Volume | ||
| 16.0¢ | 16.5¢ | 15.5¢ | 92869 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| USL (ASX) Chart |