PS - it’s all relative as well and based on TA.
In percentage terms, with the latest run up in Gold and Silver from Dec Gold is up circa 6% with Silver already up circa 8%.
Gold broke out strong yesterday and tbh I was expecting that move up on a weekly timeframe prior to the Iran news, but of course was surprised by the speed of that move yesterday I thought that may take a week (obviously the attack was a catalyst)...
On the other hand, Silver is still doing some strong TA work around resistance at $18. Once that is shored up it could/should move fairly swiftly towards $19.5 and beyond.
But you have to remember timeframes, I am watching Weekly charts and thinking over a period of a couple of months here so day to day there is a bit of noise and each metal does have a slightly different cadence.
Hope that helps. DYOR
PS - it’s all relative as well and based on TA.In percentage...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $278.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.0¢ | $724.5K | 3.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 77997 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 1159220 | 18 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
-0.005 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.8¢ | 18.3¢ | 3635319 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| SVL (ASX) Chart |