GOR 0.60% $1.66 gold road resources limited

Ann: Gold Road Increases Financing Facilities, page-67

  1. 2,740 Posts.
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    Nigey456, so, "the multi[-]year bull run in gold run looks over from the charts..."

    I'm certain you know what a chart is, but do you know what a "chartist' is? Surprisingly, their analysis often includes many squiggly lines with all sorts of numbers, metrics, patterns, etc. These pesky things, which you ignore or get wrong, forms the basis of their analysis. Analysis, not simply baseless opinion.

    "[T]hat[']s a technical bear market[.]" No.

    "A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment. Bear markets are often associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can also be considered to be in a bear market if they experience a decline of 20% or more over a sustained period of time—typically two months or more. Bear markets also may accompany general economic downturns such as a recession."

    Bear Market Definition

    Hope that helps.

    OV
    Last edited by OceanView: 24/09/20
 
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