Yeah if you look at the EVN daily its filled the gap with very little bounce.If you look at a daily GDX chart then there was a huge rise off the low and it almost finished positive as the shorts covered in the broader game. The difference is that US Futures have weakened again and the broader aussie share market is crapping itself so fear takes over.
Back into accumulation mode.
The one thing for sure is that "our friends" will be working feverishly to cap gold if the broader markets continue to weaken.
Makes for an interesting Fed announcement on Thursday morning.
EVN chart, page-2593
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Last
$4.24 |
Change
0.040(0.95%) |
Mkt cap ! $8.432B | |||
| Open | High | Low | Value | Volume |
| $4.23 | $4.26 | $4.20 | $25.54M | 6.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 252217 | $4.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.25 | 110664 | 13 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| EVN (ASX) Chart |