The gold price now >$100 per Oz higher today than Friday and WGX unhedged and this is just the beginning of the move in gold. Investors will work it out eventually.I remember a very astute analyst calculated that the average price move of a security or share on the breaking of a triple top was about 100% (doubling of price) and the move usually unfolds in relatively short time frame. Not years, but months. Think about that for a moment,with USD gold triple top is @ $2080-85. At current exchange rate we are talking the possibility of AUD6000.00 as the gold price heads higher into 2026.
The gold price now >$100 per Oz higher today than Friday and WGX...
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Last
$2.50 |
Change
0.010(0.40%) |
Mkt cap ! $2.357B | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.53 | $2.44 | $9.956M | 3.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10207 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 7047 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WGX (ASX) Chart |