There was a big attack on Gold on Tuesday but it showed impressive strength to resist.
Then yesterday the DXY went to new short term highs, but Gold was unmoved when it should have fallen.
GDXJ filled the gap and broke below previous support, but it failed to unleash a selling panic.
Have to say the low is now in for Gold and Gold stocks and only heading up from here.
I've started buying. Will be watching again tonight. If this strength continues I'll have to chase higher on Monday to complete the rest of my buying.
There was a big attack on Gold on Tuesday but it showed...
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Last
$1.85 |
Change
-0.005(0.27%) |
Mkt cap ! $2.112B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.87 | $1.82 | $3.101M | 1.682M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 98661 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 10782 | 1 |
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| Last trade - 15.59pm 07/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |