Agree however what I am looking at is the recent market correction flushed the toilet so to speak on the shorters, who cashed in to cover stop losses. (End of month settlements Feb 2020)
I doubt they have jumped back in so quickly given the volatility of world markets and very few safe havens but gold.
Therefore JMT the only logical reason is a interested party shaking weak hands in nervous times.
As you rightly mention gold hasn’t fallen in in Aust $$ is at all time highs. Gor down 30%...oversold???? Why???
something smells????????
Goodluck to all holders.
Cheers Aussie
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Last
$1.67 |
Change
-0.020(1.19%) |
Mkt cap ! $1.825B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.69 | $1.67 | $575.2K | 342.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4478 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 24348 | 15 |
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| Last trade - 10.16am 08/08/2024 (20 minute delay) ? |
| GOR (ASX) Chart |