NEM - Newmont Corporation

Newmont making a new all-time high while gold was still 20% below its own high created a disparity that Gareth used as a signal to short gold miners. It flagged the drop in GDX today.

Newmont is at all-time highs with a double top, while gold remains 19% below its all-time high, creating a disparity. He expects a pullback to around 120.

All these gold names track gold and show similar patterns; watch gold as the main driver.

Massive gap filled today, similar setup to GDX; short-term overbought.

Gold miners likely higher but extended after big run; waiting for pullback of 8-10% or new setup

Gold mining company mentioned as a momentum play for a breakout past $96.

Bear flag breakdown suggests further downside to $82 or $77. Not a buy signal yet.

Gold miners like Newmont are soaring alongside gold prices as central banks shift reserves from US debt to gold

Largest gold miner in the world, blue-chip, benefits from gold's rally to ~$4,700/oz. Central banks buying ~1,000 tons of gold this year. Gold miners outperforming the metal suggests continued momentum.

World's largest gold miner, tier-one low-cost producer. Mentioned as a quality operator with strong balance sheet and dividends.