This is what Adam Mancini has to say about gold now [MEDIA] But...

  1. 1ronnie
    20,685 Posts.
    lightbulb Created with Sketch. 1963
    clock Created with Sketch.
    26/09/20
    10:47
    Post #: 47646557
    This is what Adam Mancini has to say about gold now


    But as per my post last night, the AUD gold price is more relevant to our Aussie gold miners than the USD gold price. Overnight the AUD gold price went higher than when our ASX closed, because AUD continued to weaken to close to 70c.

    In the whole of September month to date, the USD gold retraced 6% but AUD gold barely moved, see my post below.

    https://hotcopper.com.au/threads/its-over.4002109/page-5654?post_id=47643494#.X26M_8Izapo

    Long term gold bull market remains intact, the correction is nearing its end and on the worst case scenario would protract another month.
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

NEWS Recharged Prospects: ‘Watts’ on the horizon for copper & lithium
right-arrow Created with Sketch.
RCE Recce wins safety board approval to dose 4g in R327 UTI infusion trial
right-arrow Created with Sketch.
BHP BHP confirms £31.1B takeover bid for Anglo American
right-arrow Created with Sketch.
RDN Raiden's key target areas found drill ready in cultural heritage survey
right-arrow Created with Sketch.
NCK Nick Scali moves into the UK market through Fabb Furniture acquisition
right-arrow Created with Sketch.
CC9 Chariot ends quarter charged up on lithium find in Wyoming
right-arrow Created with Sketch.

Top Stories

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.