6% rise. Where next ?
There are two forces at work.
1. The Market making Bullion banks are short approx 7.1 million ounces and x $2.00 is $1.4 billion dollars.
They will want to sell this rally back below $ 31.00 by Friday night.
How many million ounces dumped into the Comex stack will it take to hammer the longs out. How deep is that stack of buyers ? Nobody knows, but I predict they'll try after hours.
6
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 (20min delay)
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.51M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.8¢ | 2.6¢ | $63.66K | 2.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 600000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 1396799 | 5 |
View Market Depth
| Last trade - 15.38pm 18/07/2025 (20 minute delay) ? |
| IVR (ASX) Chart |