Check the charts on Gold Vs. LHG and NEM share prices. Whilst they have bounced off their lows, their rises are not as convincing as NCM's. It appears that even with a mild correction to the USD Gold price these stocks will pull back quickly. In particular, note the breaish divergence between the LHG share price and the RSI and MACD indicators which are your early warning signals.
I am looking at selling CFDs later today, already starting to buy some LHG Puts too.
Your call on Gold, perhaps near a high? It lagged Oil in its rise up (did so by a couple of weeks) and perhaps may just be lagging it on the fall and oil peaked two weeks ago.
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Check the charts on Gold Vs. LHG and NEM share prices. Whilst...
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