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Once 23 US dollars falls 20 dollars is next ,have large short...

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195 Posts.

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21/08/21

10:18

Post #: 55462777
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Originally posted by dfl: ↑

What a disappointing week for all global PM stocks, especially gold. With gold look okay for the last few days as it consolidates its recent advance, all the major indices in the US with the exception of GDX have made new lows. Looking back over the past few years, it appears that shares are the most diverged from the physical.
There is real fear out there amongst investors, same in Australia. It is clear that this cannot continue for much longer, something has to give.
On the basis of the outlook for gold in the next week or two, these share indices are in the buy zone.
I wouldn't take much of a bounce to cause at least a short covering rally.

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Once 23 US dollars falls 20 dollars is next ,have large short position in large profit at present with stops at 24.10, will take some profits at 20 dollars. IVR will be a buy at 2.5c.

IVR Price at posting: 6.1¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 4.8¢		Change 0.001(2.13%)		Mkt cap ! $74.44M

Open	High	Low	Value	Volume
4.8¢	4.8¢	4.7¢	$15.23K	318.1K

Buyers (Bids)

No.	Vol.	Price($)
4	545131	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	1268460	4

View Market Depth

No.	Vol.	Price($)
4	545131	0.048
2	823628	0.047
6	428607	0.046
8	1055222	0.045
6	636590	0.044

Price($)	Vol.	No.
0.049	1268460	4
0.050	129283	4
0.051	25800	1
0.052	226000	2
0.053	18800	1

Last trade - 11.05am 06/05/2024 (20 minute delay)


Last 4.9¢			Change 0.001 ( 2.08 %)
Open	High		Low	Volume
4.8¢	4.9¢		4.8¢	395155
Last updated 12.15pm 06/05/2024 ?

IVR (ASX) Chart

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