Where do we see gold going in 2018? 2017 whipsawed but finished higher. POG has found strong support several times in the $1200-1240 zone and hit strong resentence in the $1300-$1360 area.
I'd love to see it bust through $1360 on this rally, but not sure if it has the legs to do it.
So my prediction for 2018? More whipsawing and a finish around $1350, trading in a $1220-$1400 range.
Nice margins for NST, where profitability will be driven by production growth and lower costs (AISC).
The question on my mind is what are they thinking of doing with EAR?
(these percentages are not exact).
Gold in 2018?
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Last
$17.61 |
Change
-0.290(1.62%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.14 | $17.40 | $158.2M | 8.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6356 | $17.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.62 | 55910 | 4 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
