Hi Chuk,
I agree with your post about Gold breaking out of the recent consolidation move following the rally from the low $1,500's
The break out I am refering to is a move above the upper band of the long term trend. This first occured when gold made the double top at $1,900 and then again when it ran to $1,800
See chart below
If you bring up a longer term view of the chart you can see that the upper and lower band of this channel was respected on a number of occasions prior to the move to $1,900.
strong gold trend good news for burnakura, page-47
Add KGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.7¢ |
Change
-0.008(7.62%) |
Mkt cap ! $62.86M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $28.09K | 288.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 357856 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 87703 | 1 |
View Market Depth
| Last trade - 15.55pm 14/11/2024 (20 minute delay) ? |
| KGL (ASX) Chart |