any chart enthusiasts out there who want to enlighten me here (im into the fundamentals side of things more than charts)? the reason i ask is that i had a brief look at the chart, noticed similar spikes to this one at the start of the year, and what stood out to me is the fact that its always peaked around 14/15, and never even looked like maintaining that number.
now obviously there were several market factors which led to at least one of those drop offs, and this rise has been underpinned by quite a substantial announcement, but what do your LT chart forecasts tell us? holding the gold price at least constant, can we expect at least a hold (and hopefully a breakthrough) of the elusive 15 barrier?
cheers guys
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
