NCM 0.00% $23.35 newcrest mining limited

Good to see you are still bullish,OpTradereven though sell...

  1. 781 Posts.

    Good to see you are still bullish,OpTrader
    even though sell temptation had the better of you.
    No harm in that.

    Having a look at XGD (ASX ALL ORDS GOLD)index,
    The 38.2% Fib retrace from 13July12 low(45.46)with 11April2011 high(84.99)= 60.56

    Yesterday it closed above it,than today,went under for a while,however it closed again above it at 60.68.
    I think that is significant,or at least shows it wants to stay above it.

    Im not even sure what % NCM makes up of XGD but from memory it was the highest.
    Maybe someone can update me on the %.

    Anyway we shall see what happens during the week.
 
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