Misima to ride high on gold surge

Gold is currently over$1900 per once AUD could easily hit $2000 in the coming weeks /months. Misima provides a top JORC resource with huge upside to grow and expand with highly efficient costs per ounce to extract. DYOR.

Gold Price Forecast, Trends and Predictions

Gold bottomed around $1,050 in December of 2015 and has been trending higher ever since. The gold price has established a new bullish trend channel,with higher lows every year over the past three years.

The price needs to break above resistance at $1,360 to confirm that the next bull cycle is underway. Once this occurs, our analsyis suggests that the gold price will quickly climb back to all-time highs around $2,000 per ounce and then push to $3,000 per ounce by the end of 2020.

2019 Gold Price Predictions / Forecasts / Estimates $USD

2019 Gold Price Forecast: $1,600

2020 Gold Price Forecast: $2,500

2021 Gold Price Forecast: $3,500

The last two gold bull cycles propelled the gold price up 4X and 2.3X,respectively. If the current advance comes in somewhere between these new multiples, such as 3X, we can expect the gold price to continue above $3,000per ounce during the current cycle.