BDR has broken out today from a significant downtrend, a dominant white candle on the close bodes exceptionally well for the following days.
The below chart shows regions of resistance, a break of 15c early tomorrow and we may see 20c tomorrow.
The stars seem to be aligning for BDR, good cash reserves, a rising Gold price, and an expanding resource portfolio.
Today's announcement confirmed a $1 Billion gold resource on top of the existing resources, and that is calculated on the current Gold price. The market will wake up to this in due course.
The chart will appear on many scans overnight.
On the weekly chart there is a falling wedge formation that signals a price reversal.
50c by the end of the year isn't out of the question.
Good luck all!!!
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