Currently there is a 'bearish' divergence between gold mining indices and gold bullion prices. This has historically foreshadowed coming weakness in gold bullion (or at least limited additional gains in short term). The contradiction you are referring to may thus be resolved with a bullion price correction in coming weeks.
Currently there is a 'bearish' divergence between gold mining...
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Last
$4.16 |
Change
0.050(1.22%) |
Mkt cap ! $8.273B | |||
| Open | High | Low | Value | Volume |
| $4.12 | $4.18 | $4.10 | $25.33M | 6.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | $4.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.16 | 216632 | 7 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |