Here could be a nice entry point. Gold continues to rise as it possibly in the mid of wave 3 of Cycle III.
Fundamentally, the company is hugely undervalued compared to other gold producers which possibly might be attributed to Colombia. Good management execution and recent interest from semi-big houses are nice and supportive.
Fundamentally, the company is hugely undervalued compared to other gold producers which possibly might be attributed to Colombia. Good management execution and recent interest from semi-big houses are nice and supportive.
Nota
And it is still not late to join the ride! Nota
I don't really like choppy price action at the middle of the channel - it is quite difficult to count waves with the decent confidence, especially with low volumes. I took profit and trimmed 70% of my position.Operación cerrada: objetivo alcanzado
I decided to take remaining profit as gold prices go down and alternative count shows that an ending diagonal has been completed.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.