intra day spikes to the upside and downside are WILD. Ill leave it to the pros as I value my face.....certainly a few attempts at 39.75 today but failed along with the XJO to push up and over 4800....
i think she is worth 40 plus when GOLD in AUD 1350 plus but currently Gold has shot up without the backing of a falling USD which is still after a few days sitting on/ just around its previous low of 150.60 V Euro...hence on a trading valuation (based on previous levels) she should still be around the 37.24 mark.......
Very emotional trade for sure.....and looks like there are even more shorts being fried......
Im a buyer at 40 plus once the heavy lifting is done,,Ive done my share...... :)
Ill sit on the sidelines for a while,,,all the BEST to holders
NCM Price at posting:
$39.41 Sentiment: Hold Disclosure: Not Held
