Ngld stock price despite broader equity market pullbacks
Despite broader equity market pullbacks, ngld stock price has held firm, signaling investor confidence. This relative strength could attract momentum funds if the breakout above $4.70 is confirmed. Get Nevada Canyon Gold Corp (NGLD:OTCQX) real-time stock quotes, news, price and financial information from CNBC. ngld stock price has been riding the recent strength in precious metals, with spot gold trading above $2,300/oz. Analysts forecast potential upward pressure if inflation data remains hot, possibly pushing ngld stock toward the $5 mark in the coming weeks. A sustained move in ngld stock price above the $4.80 resistance level could invite technical buying, especially given the bullish MACD setup. Traders are eyeing upcoming CPI figures for directional cues.
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