Newmont Mining Corporation (NEM) shares are an area of focus this week. The gold producer has had steady momentum since June and has consistently pushed above its medium term averages. September is often a weak time for equities and when there’s uncertainty and volatility, gold and gold mining stocks tend to do better than others. Serge says NEM stock already appears to be breaking a bullish-flag formation.
Watch the short video here: https://www.tradingfloor.com/posts/why-gold-stocks-like-newmont-need-to-be-on-your-radar-right-now-1484981