RMS has been range trading in the rectangle zone for the last couple of weeks and I think it will take further company news to break out of this pattern.
A couple of gaps are now in play, the first at $1.56 and the next at $1.42, but I'm not fully convinced a retrace back to those levels is a definite.
The aussie gold price is now about 12% off it's highs (~$2700/ounce) of 3 weeks ago which is feeding the recent retrace of the miners, but I think that speaks more to weakness in the USD than strength in the AUD.
The US jobs figures surprised everyone on Friday, which contributed to a further gold sell off, but buying support came in around the ~$1670usd. Early this week we'll see how strong that is. If it doesn't hold I've got the next support level being around the $~$1640 range.
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Last
$1.86 |
Change
-0.035(1.85%) |
Mkt cap ! $2.125B |
Open | High | Low | Value | Volume |
$1.86 | $1.87 | $1.85 | $5.346M | 2.880M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 147704 | $1.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.87 | 11334 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2661 | 1.850 |
1 | 2661 | 1.845 |
5 | 19298 | 1.840 |
2 | 2699 | 1.835 |
1 | 2589 | 1.830 |
Price($) | Vol. | No. |
---|---|---|
1.870 | 2661 | 1 |
1.875 | 4697 | 2 |
1.880 | 2661 | 1 |
1.885 | 2661 | 1 |
1.890 | 2661 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.86 |
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Change
-0.035 ( 1.16 %) |
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Open | High | Low | Volume | ||
$1.86 | $1.87 | $1.85 | 583726 | ||
Last updated 15.59pm 14/06/2024 ? |
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RMS (ASX) Chart |