RE: Cey sp3 Feb 2023 16:56
The dollar index today is the same as it was on 31 January when gold was 50 dollars higher,it was obvious that the price of gold had gone up to quickly in the last few weeks, and there was going to be a correction which we have seen today.At the moment the key 1880 is holding but if that breaks we could see it going back towards the 1820 level and i think that is the reason/fear for the big drop in share price today although i appreciate it has been going down for the last few days as well