Way to pessimistic on the USD.
It remains in its decades long bull channel with plenty of support circa 96.5 - Old Top/Bottom Range, 382 of 2008-2022 Range, Monthly Channel, Monthly MA.
Now coincidentally, a dip down there would probably put Lead up to the top of its range, before getting whacked again. That would also line up Gold with its 3k target as a place for the market to reverse.
The FED are very focused on ensuring commodity inflation (like the 70s) doesn't take off again.
What that all means for BML is anyone's guess.
Way to pessimistic on the USD.It remains in its decades long...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $26.84M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $112.7K | 961.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 229873 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 120121 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BML (ASX) Chart |