NCM 0.00% $23.35 newcrest mining limited

Newcrest strenthening nicely as one of Australia's premier gold...

  1. Bik
    610 Posts.
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    Newcrest strenthening nicely as one of Australia's premier gold stocks.

    https://hotcopper.com.au/data/attachments/4158/4158444-332df99deab678607e2584666368482b.jpg

    Strong resistance at the previous gold all time high at 2070. A consolidation after this first test of the all time high is healthy in my opinion.

    https://hotcopper.com.au/data/attachments/4158/4158462-44b794a90310641223688d07405099da.jpg

    Considering gold was receiving good support before the Ukraine crisis, I'm confident we could be seeing some new all time highs in the near future. If that occurs, may funds would be attracted to Newcrest IMO as one of the largest tier 1 gold producers.




 
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Currently unlisted public company.

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