I had held this from around 6.00. As you say it has broken resistance at 7.50, however, the chart on gold suggests a very similar pattern to early February so I have shorted NCM at this level. The AUD gold price is also a lot lower then in February.
If gold breaks 375, I am willing to change my views though.
I suppose thats the risk we take.
Regards,
noip
Short Gold now.