I think OCG was oversold yesterday. With the inflation outlook becoming of increasing concern, Gold is seen as a safe haven. While the Mid-East situation may have a short term upwards effect on the gold price, I see the trend as up.
The price of OGC now is at the NTA for 31st Dec.
I note that on the NZX OGC is up nearly 3% this morning while in Toronto overnight it was only up 1c.
bounce likely
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