All the gold mining indicies have broken out of their 12months down trend lines in the last 48 hours or so.
The junior gold ETF has had a very strong move in the last few weeks.
Looks like risk-on for sure.
Now we need some QE commitment from the FED and we'll see gold really start making a v-line for $2000 mark.
Keep your eye on US jobs numbers tomorrow. Anything around or below 150000 should be a further green light for more FED action imo.
It will come at some stage in the next few months regardless most likely
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.84M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 23.0¢ | $19.73K | 85.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2447 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 75502 | 2 |
View Market Depth
| Last trade - 15.56pm 25/07/2025 (20 minute delay) ? |
| AMX (ASX) Chart |