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2.13%

$1.61 gold road resources limited

IMO POG 1700 USD by March. Currently 1646USD.

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Siva108

8,724 Posts.

580

22/02/20

18:41

Post #: 43090980
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Originally posted by Exised: ↑

That I can't say. Gold demand due to fear is there but the main tailwind to gold have been the very strong central bank buying due to imposed capital requirements. When gold was upgraded to tier 1 capital status a year or so ago, they moved from buying negative yielding bonds to gold. Keeping a close eye on Davos developments that may jeoperdise this demand.

looking at the COT the speculative longs still needs to unwind. They usually lock in profits when there is a catalyst for a downturn and a waning central bank demand might be it...

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IMO POG 1700 USD by March. Currently 1646USD.

GOR Price at posting: $1.71 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.61		Change -0.035(2.13%)		Mkt cap ! $1.738B

Open	High	Low	Value	Volume
$1.59	$1.62	$1.59	$10.07M	6.271M

Buyers (Bids)

No.	Vol.	Price($)
12	253273	$1.60

Sellers (Offers)

Price($)	Vol.	No.
$1.61	20124	3

View Market Depth

No.	Vol.	Price($)
9	187322	1.600
3	51273	1.595
5	40413	1.590
4	27001	1.585
9	92467	1.580

Price($)	Vol.	No.
1.605	4230	1
1.610	7331	1
1.615	7587	2
1.620	21900	2
1.625	55046	4

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last $1.61			Change -0.035 ( 2.18 %)
Open	High		Low	Volume
$1.62	$1.62		$1.59	1463835
Last updated 15.59pm 23/05/2024 ?

GOR (ASX) Chart