Talk about Newrange Gold Charts and T/A
NRG is in the process of finishing up head and shoulders pattern, no better timing during a Gold Bull market for this to occur. The 48 and 9 day moving averages have crossed each other on the 24th of June, 2019. Those Moving Averages look like 2 snakes in a battle for their life since February 2019. One should consider the MACD, it also seems to have found a supporting trend which we finally got to see July 2018 and NRG has been true to form on that trend line since it appeared. Things are looking up but could take as long as October to break through the current range it seems to be bound by. .12 cent area is buy currently and anything above 26 cents would be a good buy zone as well. Stop losses at .095, no one wants to own .025 cent paper after all.
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