Newgold's breakout and subsequent 18% run was spectacular. We have however now moved into a phase of contraction that could last for sometime. Long term investors won't mind sitting on this one, but short term traders can look for better opportunities while this contraction is taking place.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.