NXM nexus minerals limited
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Hi RabbitohThe current Strength of the US $ appears to be the...

  1. Cha Cha Charlie
    322 Posts.
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    07/09/22
    09:30
    Post #: 63558045
    Hi Rabbitoh
    The current Strength of the US $ appears to be the key?
    Its currently at 20 year highs. It’s the go to place ATM
    Safe Havens like Gold & the Yen are currently in the toilet. The Gold Sector / Gold Miners are unloved because of this.
    The next US US Fed meeting set for the 20th - 21st of Sept. is the key IMO.
    Another rate rise is a given 0.50% - 0.75%?
    $1625 is the next key resistance level.
    I’m Tipping this as the bottom around late Sept.
    The Timing could be Great for NXM who have plenty
    of Potential / Positives moving forward.
    A Strong Bounce is Possible in the months ahead IMO.
    Patience / Keeping the Faith!
    NXM Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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