It's been a disappointing tape in Asia, with Australian traders keeping one eye on the cricket, while there has been plenty on the stock side to focus on as well. The failure of gold miners to stage any sort of bounce despite a decent short covering move in the gold price in US trade is being duly noted. One may have thought, given the textbook downtrend in Newcrest Mining, that there would be a significantly elevated level of short interest in the stock, but there really isn't. The market just doesn't see a clear investment case for this space. - (VIEW LINK)
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