Gold and the USD are up today which is surprising as Gold usually trades inverse to the USD.
Hopefully this might translate to some interest in Gold stocks on the ASX tomorrow...
Gold stocks were mixed today but had some buying interest in the larger cap producers.
Could see some interest for Gold tomorrow and heading into next week..
Gold - Daily Chart
USD (DXY) - Daily Chart
DCN - Daily Chart
My poor old DCN is sitting on $2.20 support.
If Gold continues to hold it's level or even rises we could see a nice bounce tomorrow..
Short Term Trading Week Starting: 12 November 2018, page-76
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Last
8,759.7 |
Change
54.700(0.63%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,705.0 | 8,762.8 | 8,705.0 |
| XAO (ASX) Chart |
