Nice run on gold the last couple of days.
Hit all time high in AUD gold...again. But has stalled above that channel last night. Consolidate from here to the mid green is possible then again a breakout above that red line is also on the cards on FOMO. Suffice to say that Aug 2020 high of $2,873 is well and truly the AUD gold support nowadays. The consolidation into that price point Jun 2023 and again Oct 2023 confirms this.
USD Gold is still in the shadow of that 1st Dec 2023 spike at around $2,150 and will be the price point to watch if it breaks out. Staying above Aug 2020 high at $2,075 is a very positive signal. A consolidation above this figure will most certainly cement usd gold into a longer term price tailwind.
Great time to be a bullion holder and gold miner investor.
EVN chart, page-3381
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Last
$5.08 |
Change
-0.055(1.07%) |
Mkt cap ! $10.05B | |||
| Open | High | Low | Value | Volume |
| $5.13 | $5.14 | $5.05 | $7.179M | 1.412M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 30247 | $5.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 32863 | 23 |
View Market Depth
| Last trade - 14.09pm 04/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |