BDZ is on the money with the charts.
I think Barbie posted a chart with a head and shoulders topping pattern on it a little while back. It's triggered now and if it plays out all the way, price will reach 35ish. I'd expect a rally back up to test the neckline on any strength in the gold price.
On a seperate note. Does anybody know if NCM has hedged their gold sales at a lower price and for how long? I'm just wondering if they will take advantage of the gold bull over the next year or two or if they are stuck selling at lower prices.
Cheers
Rhodes
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