"..it's inevitable that it will break out soon...."
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I'm not psychic, maybe you are, but some pundits are predicting that gold will tank to US$1,200, who knows, but at the moment I wouldn't touch it, it's in a downtrend that shows no sign of reversing.
But be my guest, looks like lots of goldbugs are 'stacking' on the way down, what's colloquially known as 'catching the falling knife'.
EVN chart, page-1618
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Last
$3.50 |
Change
0.050(1.45%) |
Mkt cap ! $6.950B | |||
| Open | High | Low | Value | Volume |
| $3.44 | $3.51 | $3.44 | $28.67M | 8.237M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 260128 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 201176 | 8 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EVN (ASX) Chart |