well, there's your gold falling off! Had a short in from 1156 and it fell straight through the short target of 1141. Has fallen through the lower support trend and tested it's underside (now reistance?)- will see if it consolidates here around $1120. Waiting to see what the bottom might look like.
XAO and XJO might have some strong support at 4800 perhaps? I guess we are about to find out. XAO poked above the 50% Fib level of 4967 which is encouraging ... but needs to make a higher low to maintain the uptrend. Maybe 4800 is it?
wheat took a belting overnight also.
AUD is on a correction anyhow - my short target is 91.5 - will see if it holds this for another up trend
rgds,
pw
well, there's your gold falling off! Had a short in from 1156...
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Last
7,816.5 |
Change
-15.300(0.20%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,831.8 | 7,831.8 | 7,807.7 |
| XJO (ASX) Chart |