"Any reason for massive sell down today?"
(***** News) - After surging above the $1,300 per ounce level last week for the first time since August, April Comex gold futures have stumbled lower amid a modest corrective pullback on Monday.
The near and medium term trends are bullish for April gold futures after the strong rally seen in recent weeks. But, gold momentum hit overbought momentum readings on the push through the $1,300 level last week and the bulls are simply tired and due for a rest.
report released, page-2
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Last
$16.50 |
Change
-1.110(6.30%) |
Mkt cap ! $18.96B | |||
| Open | High | Low | Value | Volume |
| $16.75 | $16.80 | $16.22 | $88.97M | 5.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11186 | $16.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.51 | 25856 | 4 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |