Goldies are absolutely shit on a stik. From aud/gld 2290 to $ 2500 and yet they continue DOWN. There is a disconnect here and it is a head scratcher. A WTF moment. The perfect situation of A$ weakness and a rebound in the POG. The weak hands are being put to the test. It's a tough one. Usually if you do not understand what is happening you are better out of the market. I am not adding to my Goldies in this environment. My orders just missed in the crypto space with Bitcoin and Etherum. So I am feeling pain all round haha. Luckily 80% percent of holdings are free roll and RMS is totally free roll so I am not selling even though every bone in my body wants to. Geez Louise. The USD Gold price really needs to make a solid move back through $1800/1830. This might change the sentiment. Reality is that the flash crash to $1680 has this market SPOOKED.
RMS August Broker reports, page-40
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Last
$1.96 |
Change
0.013(0.64%) |
Mkt cap ! $2.247B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.96 | $5.126M | 2.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 54873 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 24628 | 20 |
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| Last trade - 14.03pm 12/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |