Newmont Mining - The Long Play Going Forward
Updated
Gold Miners have suffered, and this one has now capitulated in my opinion.
Yielding 5.6%+ and near a hefty demand level between 38-35, I'd expect a new uptrend in this one sooner rather than later.
(See pink circles in the longterm squeeze indicator chart, extremely eversold - second most since 1985)
Yielding 5.6%+ and near a hefty demand level between 38-35, I'd expect a new uptrend in this one sooner rather than later.
(See pink circles in the longterm squeeze indicator chart, extremely eversold - second most since 1985)
Trade closed: target reached
Target reached for 
NEM Closing trade.
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