Wiz_of_Oz

It is all about Gold ? Part 1

ASX:BGL   BELLEVUE GOLD LIMITED
I am about to post a few gold exploration & mining company charts where I feel there is potential for a price improvement. BGL is one of them. The price retraced from a high of $0.75c to almost touch the 78.6% fib level which it tested on 2 occasions. It has since started moving up & closed just above the previous top, close to the 38.2% fib. The price rally is probably just getting started for BGL & the gold price rally will probably drag it further up. Disc - not held but keen interest in the price action
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.