Signs for the next bullish run in Gold

Looking at one gold miner we could see a possible bottom is taking place. Gold miners *usually* go up for only a few reasons.

1) Price of gold is rising
2) They found what they were looking for
3) They found more than they were looking for

This bottoming structure is a symptom of #1

Original NGD analysis:

This stock has been very good to me

Zlecenie aktywne:

First entry layer filled yesterday at $2.31. Risk is on first layer is extremely asymmetric as any break in the trend line on the 2W timeframe would indicate a stop out (re-entry would/will be initiated if price returns above the trend line on the 2W timeframe).