CNMC Goldmine Holdings: 11 August 2019, Sunday

CNMC Goldmine Holdings:

11 August 2019, Sunday
(Click on the Technical Chart Above to Expand)

Attached is the latest Technicals of CNMC Goldmine Holdings, a gold producer that is listed in the Singapore SGX. The yellow circled regions are where all the buys are supported, buoyed up and consistent. From the technicals, if you are a professional, you would be able to smell that the smart algorithm is in. The green circled region is where accumulation of gold stocks and gold worldwide were in play, all my all-round analyses -- before prices moved.
Lastly, congratulations to those who hit the jackpot.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

CNMC Goldmine: 5 September 2017, Tuesday, 9.35pm Singapore Time

CNMC Goldmine: 

5 September 2017, Tuesday, 9.35pm Singapore Time

(Click on the Chart above to Enlarge)

Attached above is the technicals for CNMC Goldmine. The yellow region is the zone of the supercycle change of trend to uptrend (large wave uptrend). The decreasing volumes as illustrated in red are healthy shakeout volumes. Selling is finally dry now. The violent shakeout volumes are signs of big upwave to come and signs of bullishness in the gold market and gold miners' market. The backtest of the huge resistance-turned-support of the yellow band zone means the gold miners are ready for more upmoves. This applies too to all metals mining companies all over the world if one does the intermarket comparisons, irregardless of the metal or mineral. Gold, Silver, Copper, Platinum, Palladium, Nickel, Steel and almost all metals will super rally. The supply is dwindling internationally while many metals trades in the financial markets now want physical delivery of the metals, they do not even want the profits, they want the physical raw metals, meaning the upside is long term, sustained, and significant. There may even be a powerful metals, raw materials and basic materials squeeze to the upside.

Bullish on commodities, metals, commodity stocks, metal stocks, mining stocks.

Donovan Norfolk Ang

CNMC Goldmine: 27 June 2016, Monday, 7.15am Singapore Time

CNMC Goldmine: 

27 June 2016, Monday, 7.15am Singapore Time

Attached above is the technical analysis on CNMC Goldmine. Based on the worldwide re-accumulation of Gold emphasized over the last 3 years and reiterated especially strongly over the last 1 year, CNMC Goldmine will rally to a historical high never ever seen before. Tally the accumulation with the Gold chart below (accumulation regions and break-up point region in Gold).

CNMC Goldmine:

Bullish

Gold Chart updated 3 weeks ago on 3rd June 2016:

Cross Reference: http://donovan-ang.blogspot.sg/2016/06/gold-technical-analysis-3-june-2016.html

Summary of previous Gold Analyses:

Donovan-Norfolk highlighting, over the past 3 years and in early 2016, on Gold to be:

 1. Preservation of Wealth by Avoiding Stocks

2. In Re-accumulation mode by Big Monies worldwide

3. Rallying explosively after its tight range re-accumulation from 1150-1350.

4. Undervalued at anything below $1300 (my emphasis over the last 3 years and huge hedge funds' investment cum speculative accumulation over the past 3 years)

Past Gold Analyses:
http://donovan-ang.blogspot.sg/search/label/Gold

Donovan Norfolk Ang