Technical outlook – As we look over many patterns and signals to attempt to assess whether the market has established a trend or how the technical implications are shaping up. Well, as we gather information from a technical assessment, Dacian Gold Limited (DCN) has caught our eye, as we believe, this share price may soon transpire into a broader uptrend pattern (bullish) due to the short-term that’s current. Therefore, as the pattern unfolds, we anticipate that a move towards $1.60 is pending before reassessing the next move.
Company Overview – Dacian Gold Limited (DCN) is a gold exploration and development company in Perth, Western Australia. DCN owns Mount Morgans Gold Project in the North-Eastern Goldfields region.