Looking at the action on PM's over Thursday and Friday is very interesting. The selling is coming out of NY after London closes and the Asian's are not in the market. It is ALL paper driven, the only culprit is the FED. Today they have tried to sell, but buyers are stepping up to the plate.
Whether the $100 smackdown in gold is sufficient to complete a correction will probably by know tonight. However, it is likely that price action is going to be extremely volatile for the foreseeable future. Just my penny's worth.
Looking at the action on PM's over Thursday and Friday is very...
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Last
5.8¢ |
Change
-0.006(9.38%) |
Mkt cap ! $91.86M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.6¢ | 5.8¢ | $346.7K | 5.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 253050 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 75000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.006 ( 7.38 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.5¢ | 5.9¢ | 2584825 | ||
| Last updated 15.55pm 21/05/2024 ? | |||||
| IVR (ASX) Chart |