GORO IPO'd at 90 cents. Since then it went up.
Particularly after 08' crash where it went as far as 30 dollars.
Since then, price went all the way down to 1.14 but never reached back down to original IPO price of 90 cents. So I believe this range has a strong support.
Given current environment. It's possible we may see a surge in price of GOLD due to overall fear in market as well as decisions based on current macro economic environment by the US Gov. Thereby, allowing GORO to rise in price. One thing must come before the other in this case Fundamentals in company look strong enough.
Crypto may be overbought but gold is certainly not.
This is not trading advice, I'm just presenting what I see.
Do your own due diligence and good luck!
Particularly after 08' crash where it went as far as 30 dollars.
Since then, price went all the way down to 1.14 but never reached back down to original IPO price of 90 cents. So I believe this range has a strong support.
Given current environment. It's possible we may see a surge in price of GOLD due to overall fear in market as well as decisions based on current macro economic environment by the US Gov. Thereby, allowing GORO to rise in price. One thing must come before the other in this case Fundamentals in company look strong enough.
Crypto may be overbought but gold is certainly not.
This is not trading advice, I'm just presenting what I see.
Do your own due diligence and good luck!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.