Au price break out
yesterday 1240 now 1257 after hitting 1260
Au price will soon be back to 1260 where it was when TRY was 10.5c.
So the sellers who thought the Au price was done and sold TRY 10c-8.3c got this wrong as its actually a nice little shakeout.
Offers from 8.6c-14c look very weak yet again. The low volume once again means no ones interested in selling down here. Wheres white knight Ruffer with an extra $10M cash, doesnt look like they need them at all.
Au price break out yesterday 1240 now 1257 after hitting 1260...
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