It's not just the US markets that are looking positive.
This is well worth a look.
http://goldstocksforex.com/category/stock-markets/
Colin Twigs shows a large range of stock markets and most show good bottoming patterns.
I like this line;
"Always bear in mind that the primary up-trend rests on unstable foundations (private sector deleveraging offset by deep government sector deficits) and may not last much longer than the November elections."
I do not normally look that far forward these days, but that would fit in very well with the projection I showed on my chart of the DOW earlier today. If we see a rally for that long, where will KGL get too?!
Gold currently testing the down trend line.
My money is on a clear break in the next few days.
If I'm wrong then I doubt it will drop much and it should try again over the next couple of weeks.
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Last
9.7¢ |
Change
-0.008(7.62%) |
Mkt cap ! $62.86M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.7¢ | $28.09K | 288.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 357856 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 87703 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 357856 | 0.097 |
1 | 14434 | 0.096 |
3 | 60788 | 0.095 |
3 | 143233 | 0.094 |
2 | 30761 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 87703 | 1 |
0.105 | 70987 | 3 |
0.110 | 100000 | 1 |
0.115 | 105384 | 2 |
0.120 | 796648 | 8 |
Last trade - 15.55pm 14/11/2024 (20 minute delay) ? |
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KGL (ASX) Chart |