I can answer from a technical view. most of these USA goldies are in short term corrective waves (wave 4) about to breakout. I enclose the chart of GDX which really reflects most USA goldies. Baarrick gold has the same wave count. they will catch up soon.
chart above is for GDX US goldie for illustration purpose.
NCM has a different wave count from US goldies. it is in its impulsive wave phase and will trade higher with POG price in my view not all goldies are the same.
NCM Chart, page-269
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NCM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online