Gold price had dropped to the healthier 2008-2011 trend line overnight:
So long as it is treading within the trend line, the gold bull run remains and it is a matter of consolidation period into Apr-May 2021. The BIG HOPE is that the news front on DCN will offset the GP decline during this period and make DCN a standout amongst the Aussie goldies which then sets it up as the darling for the GP upswing in Apr-May 2021! Am I dreaming? Hope not.
DYOR.
DCN Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
Hope not.
