Highlights
- Newmont fell on Monday as gold sat near its weakest level in about a year, slipping beneath its post-result floor. As Newmont trades on the ASX through CHESS Depositary Interests outside the ASX 200, growing attention is also being directed towards ASX Technical Analysis as companies across the sector navigate changing market conditions.
- The miner’s September quarter showed higher earnings, strong liquidity and continued capital returns.
- Gold’s overnight bounce gives the chart a chance to reclaim broken support in Tuesday’s session.
Newmont
(ASX:NEM)
