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.
Note
And it is still not late to join the ride! Note
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.Trade fermée: cible de profit atteinte
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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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.