Is it the POG going up or the USD going down? A strong AUD doesn't help our goldies....or the market in general....
NCM is holding above $41...What happens around $42 will be be telling IMO....
In those charts I previously posted everytime NCM has approached an upper trendline for the 4th time is does an about face at the 61.8 fib ratio...$42 in this case.....
It may just break that pattern this time.....
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Dani Nadri, Country Manager Australia
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