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Beany72

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28/05/20

09:51

Post #: 44885455
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Originally posted by sreeve: ↑

Thanks for that. The large initial sell off on BGL was also seen right across most mid-large cap gold stocks yesterday. There's likely many institutional traders locking in profits made over the last 6 wks (perhaps gold funds like Van Eyk's too). With the largest ASX gold stocks & AUD Gold price sitting on key Support levels, it would be easy for those lines to breakdown further. When the bigger gold stocks trend changes, it usually influences the smaller gold stocks too.

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Most definitely, certainly watching with interest. Appreciate your comments.

XTL Value at posting: 3,167.8
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