Yes, last few days' chart looks very healthy in terms of both volume and price movement.
Also, the gold's future looks shining not only because the weaker US dollar but also because different countries' sovereign fund such as China's and Russia's reduce their US dollar reserve and accumulate gold which means stronger demand for gold.
Plus, the world's biggest gold producer Barrick Gold Corporation has announced it will clear its gold price hedge position, which means it needs to buy 5400(168 ton) ounce gold, because it bets gold price won't drop too much and can only go up from now. AngloGold Ashanti will be the last big gold producer that holds gold hedge position.
Now gold price is consolidating around 1000USD, which is a bullish sign. I'm just not sure how high it can goes in the coming months and years.
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Yes, last few days' chart looks very healthy in terms of both...
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Mkt cap ! $13.5M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 3411010 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7627493 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3411010 | 0.004 |
15 | 10787354 | 0.003 |
9 | 10895025 | 0.002 |
8 | 12702988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7627493 | 18 |
0.006 | 19946758 | 7 |
0.007 | 2263000 | 4 |
0.008 | 4593671 | 7 |
0.009 | 2370800 | 4 |
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