Bullboard - Stock Discussion Forum Calibre Mining Corp T.CXB

Alternate Symbol(s): CXBMF

Metals & Mining Gold

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and... see more

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Calibre Mining Corp > 1900 gold is coming

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Post by Singoa58 on Nov 15, 2024 6:59pm

1900 gold is coming

Gold technical outlook

Gold is on track to potentially revisit its recent low of $2,536 from mid-November. If prices dip further, the next targets could be the September low of $2,471 ahead of the key 200-day Simple Moving Average (SMA) at $2,397. If this zone fails to hold, additional downside could aim for $2,353 (July low), seconded by the June low of $2,286 and May’s low of $2,277. Breaking through these levels might pave the way for a deeper move toward the March low of $2,146 and possibly the 2024 bottom at $1,984 seen on February 14.