Loki,
I agree with your assessment, however I need to correct my own posting, I stated the future is unknown as far as Gold prices, this is true for the medium term onwards, but I find the short term price movements of Gold are generally predictable.
I am happy to post experts medium term predictions but I don't take them too seriously as there are too many variables. For me, I am primarily focused on what is affecting Gold now, why is it trending in a certain direction and how I can profit from it, I am generally successful in this, well until someone decides to dump 400tons of paper Gold all at once on the market and we all know what that is all about.
I like the negative sentiment at the moment and will be watching closely for another entry point into RSG, sometimes I miss as I did with KCN at 85c, almost pulled the trigger, but almost does not count, RSG has been profitable most of the time and I cut any losses quickly,I guess I'm just a momentum trader, I am not a technical trader but I am always interested in reading technical and fundamental analysis from those skilled in these areas.
Thanks for the post.
DYOR.
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Last
65.0¢ |
Change
0.025(4.00%) |
Mkt cap ! $1.383B |
Open | High | Low | Value | Volume |
63.5¢ | 66.0¢ | 63.0¢ | $6.505M | 10.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15111 | 64.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.5¢ | 185677 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15111 | 0.645 |
1 | 57720 | 0.640 |
3 | 96185 | 0.635 |
13 | 453302 | 0.630 |
5 | 97838 | 0.625 |
Price($) | Vol. | No. |
---|---|---|
0.655 | 185677 | 8 |
0.660 | 667844 | 16 |
0.665 | 326167 | 7 |
0.670 | 923503 | 17 |
0.675 | 328281 | 7 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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