Chart 1 - https://nimb.ws/16yd7r
Spot Gold Price rally from 20/07 to 04/08 before hitting historical high at 2075 on 07/08.
Chart 2 - https://nimb.ws/6lSMYA
Current Spot Gold Price rally started 12/08 after heavy profit taking on 11/08. Lows & Highs are getting higher. This trend looks bullish to challenge new high.
Chart 3 - https://nimb.ws/qm1s6u
Putting NICE chart directly comparing its movement with Spot Gold Price shows that NICE trending in accordance to Spot Gold Price trend in a delayed by 1 trading day because of time zone difference.
Chart 4 - https://nimb.ws/zNpk4T
Comparing all the gold stocks together, NICE out-perform the rest by 600%.
From the above charts shows that Spot Gold Price is at bullish rally to historical high of gold trading. In time of global crisis and uncertainty like Pandemic Covid-19, US-China Trade War, Global Recession & Economy Collapse, gold is set to be the ONLY safe heaven for all. Rise of gold price is as certain as uncertainty & crisis rise, this has been proven thru out the history of gold trading.
NICE is the highest performer, out-performing the rest by 600%. This could the once a century opportunity to ride along the gold price bullish rally to historical high. On 12/08/20, NICE is the ONLY stock that surged 125% from RM0.16 to RM0.34 despite entire KLSE Bursa is in an ocean of red including popular glove stocks like Carepls & HLT fallen till almost Limit Down.
Major market correction wave is expected looming in the coming months with global events like US Election, Covid19 Vaccine, Malaysia Political stability, Global Recession, etc.. that will crash most of the stocks. Gold Stock would be the first one to rebound and survive because of high gold price.
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greedy44444
Heart attack looking at gold price down more than five percent yesterday...make sure you're healthy enough to spend your wealth. Look at the price movement of the stock yesterday confirmed it's not because of huge earning but big shark is controlling the price now.
2020-08-13 10:17