@nordesmic - I don't know what you are basing your gold analysis on but I think gold is looking like its in a strong uptrend.
Might have small consolidation over next few days/weeks before we will see if will push through the US$1310 range in the coming weeks/months.
And if that occurs I think it will be off to races for gold again (especially if gold continues to strengthen more so than US bonds).
I reckon today's close was a spectacular buying opportunity (irrational sell off) with oil still below $55. And baring some unannounced market news, I expect a quick rebound just like in December.
@nordesmic - I don't know what you are basing your gold analysis...
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Last
41.8¢ |
Change
-0.018(4.02%) |
Mkt cap ! $888.8M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 41.5¢ | $603.5K | 1.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 541891 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 90791 | 13 |
View Market Depth
| Last trade - 11.12am 03/05/2024 (20 minute delay) ? |
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Last
41.5¢ |
Change
-0.018 ( 4.58 %) |
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| Open | High | Low | Volume | ||
| 43.0¢ | 43.0¢ | 41.3¢ | 919056 | ||
| Last updated 11.30am 03/05/2024 ? | |||||
| RSG (ASX) Chart |