WAF 0.30% $1.67 west african resources limited

Great move DW. It's definitely buying season for WAF & other...

  1. 625 Posts.
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    Great move DW. It's definitely buying season for WAF & other West Africa gold companies for the astute.

    Meanwhile, gold continues to build solid consolidation at the high 1900s, low 2000s.

    Analysts at Maquarie on Tuesday were quoted in the AFR - “We still expect [gold] to test the 2020 nominal high of $US2075 ($3113) and likely break above it, entering uncharted territory,” Macquarie said. “The last time this occurred was in 2020, when the 2011 high of $US1921 was taken out, with prices rallying a further $US154.”

    Angus Geddes (FatProphets) on Wednesday stated - The rally in spot gold above $1980 seems to be more sustainable and durable compared to the last test of the record highs back in January last year. A similar pattern ensued in 2020 with a reversal unfolding quickly after the record highs

    https://hotcopper.com.au/data/attachments/5283/5283629-45ef8f2ca4a18de29ef3c8c3ab88e3f7.jpg

    Good luck all holders.
 
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