An overall perplexing situation:
For over eight months the spot POG has been gently rising in waves, more or less in tandem with a dropping USD (Index).
With the FED on their "rising US interest rates" wave, is it conceivable that the above will continue---or is it just possible the spot POG rises in tandem with the USD Index?
Or will the USD POG collapse as the USD Index rises?
Or will the once mighty USD simply be reduced to dust?
Either way, something simply has to give IMHO.
COT Gold Charts 2.0, page-45
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Last
$17.51 |
Change
0.140(0.81%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $17.48 | $17.55 | $17.28 | $26.79M | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2751 | $17.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.52 | 36039 | 6 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
