BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-11437

  1. V*
    5,154 Posts.
    lightbulb Created with Sketch. 11
    I don't feel too bullish looking at that myself. (weekly view easier to look at for this time frame.)



    I tend not to go off the BDR chart too heavily as POG is the one ultimately driving it.
    What was bullish last year, was 1st Feb to 1st August, BDR went from 15c to 55c!
    Pretty much hand in hand with the US POG as it went from 1115 to 1360's.

    So question is, how bullish are we on the POG?
    Once there's a clear breakthrough, probably won't matter what gold stock you hold.

    currently looking the goods for near term:


    Probs not so great looking way back, depends on your view tho.
    Will we see ongoing falls as per the lower highs late last year (following that top red line above), or is it one ruddy big bull flag about to pop north of 1400?
    https://invst.ly/3jt0e

    From my perspective, POG is kind of in no mans land at the moment.
    Soon as I get a strong feeling of up or down I'll start ranting about it
    Last edited by V*: 27/03/17
 
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