The other LT technical bullish indicator for the gold price is the copper price/gold price ratio.
Each time the RSI of this ratio reaches 50+, it is a strong signal to markets to commence buying gold, gold etfs and gold stocks.
It recently hit 72.
This lines up with the other LT technical bullish indicators above. The cup and handle on the 10 Year gold price and the 3 year trendline/FIB ratio at $US1691/Oz.
Price of Gold, page-25
Add SNG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.1¢ |
Change
-0.003(3.57%) |
Mkt cap ! $16.59M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.5¢ | 8.1¢ | $39.25K | 477.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 189331 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
||||
| Open | High | Low | Volume | ||
| 8.4¢ | 8.4¢ | 8.2¢ | 45794 | ||
| Last updated 15.43pm 27/05/2024 ? | |||||
| SNG (ASX) Chart |