Prepare to see GOLD go for DIP!
I can see all GOLDIES taking a strong hit perhaps until Friday 27th
The trend is still up and when you look at the Weekly Bollingers of NCM, you'll see why it will pull back.
The NCM Calls are being savaged right now and I pity the poor soul who bought 400,000 NCM at $37.20 before the open today.
Gold fever can make you blind I guess.
I agree with others that $45 is "the first target" for NCM but as all you chartists know, you get the best bullish rises from "under" higher parabolics on an uptrend, as we are seeing now.
This may be fanciful, but if we see $35 by tomorrow then I cannot rule out $34 on Friday 27th................ and if it gets there, it's a BUY I think.
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