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
Gold is making strong moves higher. More than i had expected in 2020. some gold miners have yet to make a move. when all the gold miners start running it would be a clear sign of the wave 3 elliot move. We are still in a wave 1
Wiz_of_Oz
⋅
@RogueCleaner, Thanks for the update & I agree with the comments