Possible bull flag forming Gold breaking out could being a nice move in the stock MACD reversing and crossing Stochastic rising B2Gold Corp. is an exploration company. The firm engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine and Limon Mine. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.
Metals have been correlated to the market and I see the 10 year is flashing major warning signs today, which is usually indicative of big trouble brewing on the horizon for the markets. It could trade away from here but That 10 year is signaling something ugly might not be far off. I Was hoping that the metals at this stage might represent more of a safe haven trade especially with The fed doing all they can to soften the blow with such an easy money policy in effect but there’s been no evidence in the miners as of yet to that effect. BTG is a great miner in my opinion, but it seems to trade in lockstep with gold which has been correlated to the market. Given the above, I would be interested in your take here, thanks!