The reality is that both Loki and Nordesmic are both very astute experienced investors and both of their views have strong merit - this is the issue with the market at times. At least particularly if we are talking about USD gold.
The USD gold chart looks very toppy - but if the broader markets fall over here, could snap back very quickly and surprise the punters.
The AUD/USD chart (and subsequent economy) is looking bad so odds are on that if gold keeps dropping the AUD is likely to roll as well providing some support
XGD index could be a better barometer.
Then you have to consider DCN the entity as an early stage producer ramping up and all the entails.
You can easily make a case either way - for what it’s worth I’ve sold a fair few Goldie’s for good profit but holding this one for now (but watching closely)
DCN Price at posting:
$2.60 Sentiment: Buy Disclosure: Held