RE: GOLD16 Mar 2023 09:56
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@Swissydog..
88e, has large sellers waiting when the spread moves up the next price level..
So if the spread displayed is 0.6/0.7, but the actual prices paid are more like 0.64/0.66, they wait until the spread goes to 0.65/0.70, as the minimum bid will be 0.65, and they sell...and down goes the price..
Could be 88 sits at about 0.65 all the way until results now, maybe the herd will come lol
If I was going to buy I would look for 0.64p or below, and be confident the bid goes to 0.65p sometime during the day.. so you can sell without a loss, hopefully
But we could go lower.