Gold has risen in March, despite the month being the seasonally weakest of the year. Price is likely to run to $2050 in April. The monthly gold price cycle below points to higher prices into June, at least. June then begins a period of seasonal strength that runs through September.
Gold Monthly Cycle
Newmont Mining is poised to outperform into mid-April. Seasonally, this is a favorable time of the year for the stock. Note that the monthly cycle which has been accurate on all four buy signals over the last year is in a positive mode. The share price is likely to rise back to the $55 area in April and higher into September.
Newmont Monthly Cycle