It's a travesty.
It was slammed down below the 200-day moving average in the mid-December capitulation.
It stuck its head back up above the 200 - perhaps in sympathy to the bullion advance and "hello Santa".
Now, for the last week, it has submerged again.
There's poor market sentiment, for sure. But it's still a strange chart to me.
However, there's a dome pattern there on the MLI chart. It resembles the dome pattern described by Clive Maund in Q3 when calling an imminent breakout for gold.
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 (20min delay)
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Last
37.0¢ |
Change
0.010(2.78%) |
Mkt cap ! $239.1M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 39.0¢ | 37.0¢ | $327.0K | 861.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8819 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| GG8 (ASX) Chart |