DCN 0.00% 28.5¢ dacian gold limited

DCN chart, page-11

  1. 1,875 Posts.
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    The gap will get filled shortly! the next resistance line is at $1.61 where the stock got oversold heavily. With future indices down triple digits and gold prices hitting higher highs...Definitely $1.80 is on the card here. See the below support and resistance lines (click on the image for more info).

    Also, the weekly charts is turning around nicely with volume intact....RSI is in oversold territory, but who cares, just because it's overbought it doesn't mean it can't be in overbought for a while, supply and demand takes over. The same concepts applies for oversold. On another note, the gold future looks very solid, plus the month of August Gold performs very well. Enjoy people.

    https://hotcopper.com.au/data/attachments/1684/1684036-a629c9bacd1d586da956e7978791bab3.jpg

 
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Currently unlisted public company.

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