Supported by higher gold prices I am beginning to believe that Lundin Gold Inc (LUG) will retest the resistance at 89 SEK within 2020.
A new trend seems to be forming based on the June low and recent July low.
I am placing my stop loss below the June low at 73 SEK. This is well below the new trend, leaving plenty of room for price variation.
Lundin gold,...
Watch and see if the analysis is correct although I would still miss a low. If we can count with 12345 of the wave (1), then I will examine the correction pattern of the wave (2) with abc in more detail, in order then to find the entry and take the wave (3). But this will probably take several months.
