I think the 2 days of unadulterated equity market panic might have been the cause of USD and gold appreciating simultaneously.
DOW stochastic has crossed up after being oversold. In the last 12 months every time this happens there's been a green candle following the stochastic cross upwards.
So gold goes down, USD goes down in response, hence AUD gold goes down too... Question is does MOY sp respond to equity markets or gold price?
MOY Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
