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12221-12240 of 12512
Almost sure one no rate raise BUT tone (hawkish/dovish) and forward guidance will set gold price direction.
NoMoney ( Date: 15-Jun-2016 18:30) Posted:
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This is unsual volume near close for shortists covering or FED decision related. Most likely BB got inside info or maybe analyst issuing another "Buy" recommendation.
SaltyCake ( Date: 15-Jun-2016 17:28) Posted:
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As I mentioned that BB/serious investor is accmulating the past days and weeks, and gold has rallied to clearing 1300 soon, and with Brexit around the corner, at this price of 30 is still cheap. There is room to move up and minus the up and down, in 1 to 2 months time, we can kiss goodbye to 30 plus cents....
of cos not forgetting something interesting be announcing soon which we are not aware of..... It can be only 1 direction now,,, North.... :)
finger crossed on fed' s decision huat to all the gold/silver supporters
Unlikely as this stock doesn`t attract shortist attention much due to small volume trading.
halleluyah ( Date: 15-Jun-2016 18:04) Posted:
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I think so..
halleluyah ( Date: 15-Jun-2016 18:04) Posted:
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Tdy up most likely cover short as tdy gold drop $3 plus...1min b4 close was 0.31....
Could have many possiblities, like the fed decision or perhaps the extension of the lease .
Insider or not, not up to us to say.
FreedomAngelz ( Date: 15-Jun-2016 17:21) Posted:
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Didn`t see any special news posted on SGX.....if got good news posted later.....got inside news leakage?
SaltyCake ( Date: 15-Jun-2016 17:13) Posted:
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Cheers to you too!
Worth the accumulating at .265-.28
trader1970 ( Date: 15-Jun-2016 17:02) Posted:
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There' s always the last market transaction that ends at 5.04 pm
It is clearly a decisive clearance of the 30c resistance, we should be able to see 35c by this week and maybe even 40 by next or so..
It is very much likely that they may be some news that we are unsure of given the sudden outbreak (almost 3-4k lots in the last 10mins)
FreedomAngelz ( Date: 15-Jun-2016 17:11) Posted:
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Can anyone explain the pattern that I`m seeing at DBS Market data? Last bought transaction at 5pm closing was at 0.31....after closing there was a lot of selling transaction clear at 0.32? What' s going on?
Kind of regretted selling 30,000 shares at 0.295 yesterday......oh well. Still have 70,000 shares to go and 11 days till Brexit.
Cheers to all whom believe breaking 30 is possible and now this will be the support.. Watch for tomorrow for the next breakout at 33... :)
Beautiful close
FreedomAngelz ( Date: 15-Jun-2016 16:57) Posted:
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Woohoo......0.3 resistance is finally broken......onwards to 0.4
Think it this way......those who bought at 0.29, 0.295 and 0.3 would not be selling their shares. Right now there are 1.2 million shares probably roadblocking the price to 0.305.
As long buyer keep on on accumulating at 0.29/0.295/0.3 level.....the resistance will break at some point since there isn`t any negative news about CNMC. I said it many times i expect CNMC to post a postive Q2 quarter result given the current gold price.
johnng ( Date: 15-Jun-2016 13:54) Posted:
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High possibility ..... :) 30 will be broken soon..... :)
Dun knw will break 30cent for good not?
This resistance will become the next support. Notice bb accumulating at 29 to 29.5... please ensure you can hold... As said, in this depressing market, only gold counters with stable balance sheet and good corporate governance and dividend payout will fly... This is the best hedge.. :)