NON charting perspective:
Charts do not take into account future announcements.
KAL is one of the few gold stocks showing real strength today as buyer depth increases strongly.
Why ??
New resource update for Mt Henry imminent.
With Selene upgrade announced already, this one is rumoured to take total resource to well over 1.75 mill oz.
Gold price hesitating as it approaches USD$900 which is to be expected. Fundamentals for Au are even stronger now for a surge to test USD$1,000 with at least a 0.5% reduction in US interest rates now anticipated. Anything over 0.5% will just add to the fires under Au.
IMHO Au will break through USD$900 any day, and do so strongly, with the USD$1,000 becoming the real test.
NON charting perspective:Charts do not take into account future...
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