WGX 4.78% $2.63 westgold resources limited.

The gold price now >$100 per Oz higher today than Friday and WGX...

  1. 528 Posts.
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    The gold price now >$100 per Oz higher today than Friday and WGX unhedged and this is just the beginning of the move in gold. Investors will work it out eventually.I remember a very astute analyst calculated that the average price move of a security or share on the breaking of a triple top was about 100% (doubling of price) and the move usually unfolds in relatively short time frame. Not years, but months. Think about that for a moment,with USD gold triple top is @ $2080-85. At current exchange rate we are talking the possibility of AUD6000.00 as the gold price heads higher into 2026.
    Last edited by deserthead: 16/10/23
 
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