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Home / Momentum / Polymetal

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Polymetal

Is this trend a good trading opportunity?

Will Polymetal turn, or will it continue to rise to August 16′ highs of 1208.5p (+13.5%)?

  • Shares shown momentum since early May; rallied 27% 
  • Now trading 1064p (at the time of writing).
  • Will the positive momentum continue towards 1208.5p (+13.5%)?
  • Shares -0.25% from 2019 highs; +27% from 2019 lows; +37% year-to-date.
  • Gold prices benefiting from weak USD and geopolitical tensions
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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