NCM 0.00% $23.35 newcrest mining limited

I had held this from around 6.00. As you say it has broken...

  1. 165 Posts.
    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.
 
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