This breakout is actually a bit scary, dx=F not even breaking down, if it keeps up this momentum gold will be 3000/oz 1st quarter next year. The last thing you want is for the doomsday/ gold bugs to be right, because what does that mean for the economy. Personally I think this is due to people digesting the US GDP numbers and realizing, yes gdp growth was 5.3 % but that was due to an increase of 5.7% government deficient spending. Lets see how this plays out.
This breakout is actually a bit scary, dx=F not even breaking...
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Last
$1.69 |
Change
0.020(1.20%) |
Mkt cap ! $1.272B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.70 | $1.67 | $6.158M | 3.668M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5605 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 67844 | 6 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |