Newmont
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Strong Trading Recommendation (Short-Term):
Stock: Newmont Corporation (Ticker: NEM)
Sector: Gold Mining
Reason for Recommendation:
Amid global trade tensions and the trend towards safe assets, gold is seeing increasing demand, which enhances the performance of gold mining companies like Newmont.
The stock has risen +47.76% this year, and momentum is expected to continue in the coming hours and days.
Proposed Entry Point: On any minor correction towards support.
Short-Term Price Target: From +3% to +6% within two days.
Stop Loss: Break of previous support with high trading volume.
Note:
This is not direct financial advice, but a technical and economic analysis based on current market data. Make your decision based on your strategy and risk management.
#Newmont #Gold #NEM
Stock: Newmont Corporation (Ticker: NEM)
Sector: Gold Mining
Reason for Recommendation:
Amid global trade tensions and the trend towards safe assets, gold is seeing increasing demand, which enhances the performance of gold mining companies like Newmont.
The stock has risen +47.76% this year, and momentum is expected to continue in the coming hours and days.
Proposed Entry Point: On any minor correction towards support.
Short-Term Price Target: From +3% to +6% within two days.
Stop Loss: Break of previous support with high trading volume.
Note:
This is not direct financial advice, but a technical and economic analysis based on current market data. Make your decision based on your strategy and risk management.
#Newmont #Gold #NEM
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