Technical outlook – After two-months of consolidation, prices for (DCN) have finally given a bullish call after staging an impressive surge from the region of $1.40 last week.
Technically, it is anticipated that the current advance will continue in the short-term and hold to a foreseeable target at $1.70. Reassess from there.
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.