for me it would depend on my pain tolerance
rsg is cheap on valuation but very USD gold spot price sensitive and very much owned by the algorithm trade.
If you cannot handle it going into high 40s if for eg the US Non Farm Payroll data delivers a big upside surprise later this week - then yu may want to get out.
but technically its heavily oversold as is USD gold - so now should ordinarily be a time you buy rsg exposure - not sell it.
RSG Hold or Sell?, page-2
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Last
61.0¢ |
Change
-0.005(0.81%) |
Mkt cap ! $1.298B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 62.0¢ | 60.5¢ | $4.257M | 6.968M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 175546 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 7201 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |