I don't think so.
Gold moved substantially on fear that there is a pocket of resistance to prolonged QE. That was a surprise but was over done.
NST ran hard and is over bought short term. Trading indicators said sell in short term. That does not mean that it is not a ST buy in 3 days time.
Big moves in NST are news driven, it has been quiet on drill results because labs are closed.
Quarterly will probably be good so I am not concerned about today's move. I have a buy order at a support level in case HFTs and thin volume drive some unusual opportunities. If not I am happy to wait for a spike to lighten up.
Gold will probably fall for a couple of days until the Fed minutes are forgotten.
I don't think so.Gold moved substantially on fear that there is...
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Last
$15.97 |
Change
0.180(1.14%) |
Mkt cap ! $18.36B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.13 | $15.97 | $53.04M | 3.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13383 | $15.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.98 | 6998 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| NST (ASX) Chart |