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
All the gold mining indicies have broken out of their 12months...
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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 |
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| Last trade - 15.56pm 25/07/2025 (20 minute delay) ? |
| AMX (ASX) Chart |