ta-trade, having said that nice pull back in Premier this afternoon. maybe you'll get low 50s there.
POG looks to be recovering off the 1263.x low. a finish at or above $1273 would be good.
gold only down $20 since yesterday's 4:30 close.. drop looks overdone. see if gold price is able to recover. may go to $1261 before it bounces.
not selling at 9% down thats for sure.
well done Trickyhilly. i was iching to buy in day before US election but SP didn't reach my target price. what was yesterday's high for the SP? much above 7416? i saw gold price at 1330 around 4am in the morning!
if gammybaby is right and this rally in the markets pulls back then gold should get a boost i would think. The USD is near the high of the year now. just need it to pull back a bit and give gold price a boost.
in today from 67.85 to 65.99 lowest i paid.
below Trickyhilly's 7000 buy and now 6900. Trickyhilly has chance yesterday to get out with 2% profit. i think if gold drops from 1302 to 1287 then Randgold will take a big hit again.
looking at the SP today i never thought there was any news out until i read comments here and googled for info.
not sure what time this was released but SP was quite flat this morning but picked up a little in the afternoon. good rise today vs. peers. not sure it will continue tomorrow, looking at the decline in the oil price after 4:30pm. Some oil data out later (API numbers).
http://www.reuters.com/article/us-ophir-equatorial-idUSKBN12W3IV
@ 190.68p
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend.
i added again today to double my holding :D i reduced my holding in Premier Oil to buy more here.. It may work out well for me and if so maybe i will sell here and buy back what i sold in Premier..
US GDP came in strong than expected so Premier may not rally today. but strangely gold is up today.