The SP may be at the top of the channel and signalling overbought but I agree with you couchtrader. Its a brave man that shorts goldies nowadays... It will be a short short if you do, but long term (in gold we are talking weeks - inside 3 weeks gold went from 1600 to 1900USD) and especially with the current global economic turmoil, this will see the $2 target inside a conservative call of 2 weeks.
My opinion only but good luck to all of us.
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Last
65.8¢ |
Change
0.023(3.54%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| 64.5¢ | 66.3¢ | 64.5¢ | $1.599M | 2.441M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 365816 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.0¢ | 204030 | 15 |
View Market Depth
| Last trade - 10.39am 22/07/2025 (20 minute delay) ? |
| RSG (ASX) Chart |