
Gold Prices Confined To Friday’s Range
The precious metal is trading subdued with much of price action staying within [...]
Mixed leads from overseas markets provided little direction for local traders as the all important Australian jobs data was released, printing at a much worse than expected negative 12,200 jobs. This sent the Aussie dollar tumbling below 0.7650 and the Aussie 200 index struggling to hold on to support. Gold also had a less than impressive session, losing ground and now trading at $1,220 per ounce.
How did the Aussie market perform today?
S&P/ASX200 lost 25.5 points or -0.44% on volume of $5.88 billion, closing at 5743.6.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
14% of stocks are showing oversold levels, 31% are showing overbought levels and 64% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Thursday, 12 Feb, 2015 / 9:21
Gold Prices Confined To Friday’s Range
The precious metal is trading subdued with much of price action staying within [...]
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