NCM newcrest mining limited

**6 hours before gold fires big time**, page-5

  1. 3,274 Posts.
    Reckon? I think gold's in for a reversal over a number of months - if it goes up it will take it weeks to recover lost ground. Possibly it will go up tonight, but the current chart is just not looking at all healthy. Bearish trend still well on the cards - I'm no expert chartist, but I'm no Fat Al Miller neither. The bears will have their way with gold for a while yet, I think. Medium term, gold's looking the goods, though.
 
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