RSG 0.35% 71.8¢ resolute mining limited

Gold touches $1700AU an ounce, page-144

  1. 9,811 Posts.
    lightbulb Created with Sketch. 3495
    get the blinkers off guys

    this is not rsg specific - this is a bot driven technical pattern. i refer you to bdr, sar, rrl, etc etc

    if you look across the gold sector there's a pretty clear pattern that majority of the large cap gold stocks are being driven south. if i look at the technical patterns, most have done a minor head and shoulder pattern they are now completing sicne gold bottomed at 1180 and rose back up.

    spot golds been rising but gold equities falling - this is bots driving mining stock prices so that - when they turn positive ont he sector - they extract max returns

    suggests bottom for rsg could be the 97c low it hit previously

    typically those gold stocks still rising will end up capitulating later

    but what i cannot tell is whether gold is about to roar north and this is a false breakout/.shakeout of gold shares - or if its about to be sold off.

    personally with french election on this weekend I wouldnt expect gold can move too far south until that event is out of the way.

    but clearly a lot of manipulated hijinks taking place
 
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Last
71.8¢
Change
-0.003(0.35%)
Mkt cap ! $1.538B
Open High Low Value Volume
72.0¢ 73.5¢ 71.0¢ $7.881M 10.88M

Buyers (Bids)

No. Vol. Price($)
56 515054 71.5¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 310403 38
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Last trade - 14.08pm 18/09/2024 (20 minute delay) ?
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