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Gold Analysis & Targets 5/25/25
Gold Analysis & Targets 5/25/25

Globe and Mail

time6 days ago

  • Business
  • Globe and Mail

Gold Analysis & Targets 5/25/25

Gold Futures Analysis The chart is key to this update. (GCM25) From last week, The failure to make a new high in the area of a 78.6% retracement (also a major Gann square) hit the first target of 78.6% the other way at 3268.00 per the ONE44 78.6% rule and we will now see if it is also the end of the Bull run for now. It traded below the short term target of 3164.40, but never closed below it, this was 38.2% back to the 11/14/24 low and a major Gann square. This will be the key level for next week. Use 3164.40 as the swing point for the week. Above it, being a 38.2% retracement, holding it can send this market to a new high per the ONE44 38.2% rule. The longer term target is 78.6% back to the 4/22/25 high at 3430.00. The short term target area is the 3356.70 major Gann square and 61.8% back to the same high at 3366.00. Any rally that can't get above 38.2% of the same move at 3273.00 is very negative and a new low can quickly follow. 5/25/25 After spiking below 38.2% at 3164.00 (also a major Gann square), but never closing below it, it has rallied $200 and now hit the short term target area of the 3356.70 major Gann square and 61.8% back to the 4/22/25 high at 3366.00, this will be the key level for next week. We will use the ONE44 61.8% rule to get the short term downside target. Use 3366.00 as the swing point for the week. Above it, The low on 5/15/25 held 38.2% at 3164.40 and following the ONE44 38.2% rule we are still looking for a new ATH from it for the long term target. The short term target area is 78.6% of the same move at 3430.00 and the 3446.00 major Gann square. Below it, a setback from a 61.8% retracement can send it 61.8% the other way at 3220.00 per the ONE44 61.8% rule, this is the short term target. The long term target area is 78.6% of the same move at 3178.00 and the 3164.40 major Gann square. Any setback that holds 38.2% at 3276.00 keeps the short term trend extremely positive and a new high can quickly follow. We have done 47 videos on how to use the Fibonacci retracements with the ONE44 rules and guidelines. These Videos are worth watching even if it is not in the market you are trading, as the ONE44 rules and guidelines are the same for every market. You will also see why we believe the Fibonacci retracements are the underlying structure of ALL markets. Here is the latest. Sign up for free updates for Gold, Crude Oil, SP 500 and Bitcoin here. ONE44 Analytics where the analysis is concise and to the point Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares. If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member. You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines. FULL RISK DISCLOSURE: Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Commission Rule 4.41(b)(1)(I) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Past performance is not necessarily indicative of future results.

India's Defence Renaissance: Riding the next wave of growth
India's Defence Renaissance: Riding the next wave of growth

Economic Times

time24-05-2025

  • Business
  • Economic Times

India's Defence Renaissance: Riding the next wave of growth

Over the past year, the Indian defence sector has witnessed a remarkable transformation. From robust order inflows and rising exports to record-breaking production targets, this space has emerged as one of the most exciting segments in the broader market. While defence stocks had already delivered stellar gains during the initial Bull Run post-COVID-19, a phase of price consolidation followed. However, recent geopolitical developments are again bringing this sector back into the spotlight, and early signs suggest that a fresh upward trend is taking shape. ADVERTISEMENT The resurgence in defence stocks over the past few weeks is not coincidental. With ongoing tensions at the global level, the demand for enhanced military preparedness has gained fresh momentum. Even in regions where ceasefire agreements have been reached, the underlying security concerns remain unresolved. As nations prepare for long-term security challenges, defence budgets are being recalibrated across the world. India is no exception. India's Defence Minister, Shri Rajnath Singh, recently underscored the government's strong focus on the sector, highlighting that defence exports have surged 34 times from ₹686 crore in FY2013- 14 to ₹23,622 crore in FY2024- 25. He also noted that defence production is expected to exceed ₹1.60 lakh crore this year, with an ambitious target of ₹3 lakh crore by 2029. These numbers are not just targets; they reflect a shift in the national mindset from being an importer to becoming a global supplier of defence technology. This transformation has been further reinforced during the recent India-Pakistan conflict, where India's defence systems demonstrated exceptional capability and operational strength. The performance not only validated India's technological advancements but also positioned the country as a reliable partner for global defence exports. At the global level, military expenditure has reached a new milestone. According to Stockholm International Peace Research Institute (SIPRI), global defence spending touched $2,718 billion in 2024, up 9.4% from the previous year, the steepest rise since the Cold War era. The global military spending now accounts for approximately 2.5% of the world's GDP, which stands at around $110 trillion. This translates to total defence spending of $2.7 trillion. In comparison, India's defence exports are currently at $2.7 billion, representing just 0.1% of the global defence market. If global defence expenditure rises to $3 trillion by 2030 and India increases its share to 1%, the country's defence exports could reach $30 billion. This underscores a strong growth potential for Indian defence companies, supported by increasing global demand and India's growing emphasis on domestic manufacturing and expanding defence exports. ADVERTISEMENT India ranks among the top five military spenders globally, with an allocation of $86.1 billion in 2024, up 1.6% year-on-year. But beyond numbers, what stands out is the structural reform in the domestic ecosystem. The 'Atmanirbhar Bharat' vision is enabling Indian companies to take centre stage in defence manufacturing. The import data as per SIPRI also indicates that India's arms imports declined by 9.3% between the periods 2015–19 and 2020–24, reflecting the country's growing capability to design and manufacture its own defence equipment, thereby reducing its dependence on foreign suppliers. As we move from being passive buyers to active producers, Indian defence companies are not just catering to domestic requirements but are also strengthening global defence supply chains. Looking ahead, the government aims to scale defence exports to ₹50,000 crore by FY29. These targets, alongside rising domestic demand, are likely to create a sustained growth environment for listed defence players. With a focus on indigenisation, long-term capital allocation, and policy support, Indian defence companies are poised to benefit from multi-year tailwinds. ADVERTISEMENT For investors, this marks a potential inflexion point. After a phase of healthy consolidation, the sector is showing early signs of renewed strength. Given the combination of strong fundamentals, favourable policy landscape, and global tailwinds, I believe this could be the beginning of a long-term structural rally in Indian defence stocks. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of

India's Defence Renaissance: Riding the next wave of growth
India's Defence Renaissance: Riding the next wave of growth

Time of India

time24-05-2025

  • Business
  • Time of India

India's Defence Renaissance: Riding the next wave of growth

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Over the past year, the Indian defence sector has witnessed a remarkable transformation. From robust order inflows and rising exports to record-breaking production targets, this space has emerged as one of the most exciting segments in the broader market. While defence stocks had already delivered stellar gains during the initial Bull Run post-COVID-19, a phase of price consolidation followed. However, recent geopolitical developments are again bringing this sector back into the spotlight, and early signs suggest that a fresh upward trend is taking resurgence in defence stocks over the past few weeks is not coincidental. With ongoing tensions at the global level, the demand for enhanced military preparedness has gained fresh momentum. Even in regions where ceasefire agreements have been reached, the underlying security concerns remain unresolved. As nations prepare for long-term security challenges, defence budgets are being recalibrated across the world. India is no Defence Minister, Shri Rajnath Singh, recently underscored the government's strong focus on the sector, highlighting that defence exports have surged 34 times from ₹686 crore in FY2013- 14 to ₹23,622 crore in FY2024- 25. He also noted that defence production is expected to exceed ₹1.60 lakh crore this year, with an ambitious target of ₹3 lakh crore by 2029. These numbers are not just targets; they reflect a shift in the national mindset from being an importer to becoming a global supplier of defence technology. This transformation has been further reinforced during the recent India-Pakistan conflict, where India's defence systems demonstrated exceptional capability and operational strength. The performance not only validated India's technological advancements but also positioned the country as a reliable partner for global defence the global level, military expenditure has reached a new milestone. According to Stockholm International Peace Research Institute (SIPRI), global defence spending touched $2,718 billion in 2024, up 9.4% from the previous year, the steepest rise since the Cold War global military spending now accounts for approximately 2.5% of the world's GDP, which stands at around $110 trillion. This translates to total defence spending of $2.7 trillion. In comparison, India's defence exports are currently at $2.7 billion, representing just 0.1% of the global defence market. If global defence expenditure rises to $3 trillion by 2030 and India increases its share to 1%, the country's defence exports could reach $30 billion. This underscores a strong growth potential for Indian defence companies, supported by increasing global demand and India's growing emphasis on domestic manufacturing and expanding defence ranks among the top five military spenders globally, with an allocation of $86.1 billion in 2024, up 1.6% year-on-year. But beyond numbers, what stands out is the structural reform in the domestic ecosystem. The 'Atmanirbhar Bharat' vision is enabling Indian companies to take centre stage in defence manufacturing. The import data as per SIPRI also indicates that India's arms imports declined by 9.3% between the periods 2015–19 and 2020–24, reflecting the country's growing capability to design and manufacture its own defence equipment, thereby reducing its dependence on foreign suppliers. As we move from being passive buyers to active producers, Indian defence companies are not just catering to domestic requirements but are also strengthening global defence supply ahead, the government aims to scale defence exports to ₹50,000 crore by FY29. These targets, alongside rising domestic demand, are likely to create a sustained growth environment for listed defence players. With a focus on indigenisation, long-term capital allocation, and policy support, Indian defence companies are poised to benefit from multi-year investors, this marks a potential inflexion point. After a phase of healthy consolidation, the sector is showing early signs of renewed strength. Given the combination of strong fundamentals, favourable policy landscape, and global tailwinds, I believe this could be the beginning of a long-term structural rally in Indian defence stocks (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

CDR prepares to drill test Bull Run Au-Cu-Mo targets
CDR prepares to drill test Bull Run Au-Cu-Mo targets

The Australian

time13-05-2025

  • Business
  • The Australian

CDR prepares to drill test Bull Run Au-Cu-Mo targets

Codrus Minerals' Interpretation of IP survey reveals multiple new anomalies at Bull Run Anomalies coincide with strong geochemical results New targets coincide with high-grade rock chip results, up to 60 g/t gold, 1.5pc copper and 2.5pc molybdenum Special Report: With gold prices still firmly above US$3000 an ounce, Codrus Minerals is keen to put drill bit to ground to test several new IP anomalies that overlap with promising geochemical and rock chip results. Codrus Minerals (ASX:CDR)has identified several new drilling targets at the Bull Run project in Oregon, US, that stretch over areas of up to 400m by 400m. The company has highlighted six distinct zones with the interpretation of induced polarisation (IP) survey data, with a particular emphasis on the Eldorado and Lady May zones. IP targets at the Bull Run project. Pic: Codrus Minerals These target areas overlap with previously collected rock chip results of up to 28 g/t gold and 1.5% copper at Eldorado, and 60 g/t gold and 2.5% molybdenum at Lady May. Several IP zones also coincide with high-priority copper geochemical targets, adding to the evidence of potential mineralisation. Exploration across the project has demonstrated its prospectivity, with soil sampling demonstrating peak grades of up to 27 g/t gold in localised areas and rock sampling grading up to 1040 g/t gold. The company says between the soil and rock chip results, there are five priority gold targets of up to 500m in strike extent which are available to be tested by permitted drilling. Bull Run gold project Bull Run sits within 5km of the town of Unity in Baker County, eastern Oregon. The project area covers 102 claims, of which Codrus wholly owns 91, and is party to a record mine option agreement for a further 11. The area has been mined for gold intermittently since 1929, in an area featuring extensive porphyry-style hydrothermal alteration and mineralisation, including copper, molybdenum, gold and silver. The project sits within the Ironside Mountain Inlier, where ultramafic-mafic and sedimentary rocks are intruded by the Grouse Creek and Bull Run granodiorites, along with various andesitic and dacite dykes. The nearby Grassy Mountain project holds a mineral resource of 1 million ounces of gold and 3 million ounces of silver, while the Cracker Creek mine to the north has produced more than 400,000 ounces of gold in its lifetime and holds about 300,000 more. 'A robust mineralising system' Codrus executive chairman Greg Bandy said the integrated interpretation of recent geophysical and geochemical programs have delivered a major step forward in unlocking the potential of the Bull Run project. 'The scale and intensity of the IP anomalies, combined with the impressive rock chip results, strongly support the presence of a robust mineralising system,' Bandy said. 'These findings have generated high-priority targets that we are excited to drill test in the near term as we continue to build momentum at Bull Run." Bandy also told Stockhead that Codrus would now be looking to immediately sign a contract for the rig and that if all goes well, will be drilling before month's end. This article was developed in collaboration with Codrus Minerals, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

CDR prepares to drill test Bull Run Au-Cu-Mo targets
CDR prepares to drill test Bull Run Au-Cu-Mo targets

Courier-Mail

time13-05-2025

  • Business
  • Courier-Mail

CDR prepares to drill test Bull Run Au-Cu-Mo targets

Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Codrus Minerals' Interpretation of IP survey reveals multiple new anomalies at Bull Run Anomalies coincide with strong geochemical results New targets coincide with high-grade rock chip results, up to 60 g/t gold, 1.5pc copper and 2.5pc molybdenum Special Report: With gold prices still firmly above US$3000 an ounce, Codrus Minerals is keen to put drill bit to ground to test several new IP anomalies that overlap with promising geochemical and rock chip results. Codrus Minerals (ASX:CDR)has identified several new drilling targets at the Bull Run project in Oregon, US, that stretch over areas of up to 400m by 400m. The company has highlighted six distinct zones with the interpretation of induced polarisation (IP) survey data, with a particular emphasis on the Eldorado and Lady May zones. IP targets at the Bull Run project. Pic: Codrus Minerals These target areas overlap with previously collected rock chip results of up to 28 g/t gold and 1.5% copper at Eldorado, and 60 g/t gold and 2.5% molybdenum at Lady May. Several IP zones also coincide with high-priority copper geochemical targets, adding to the evidence of potential mineralisation. Exploration across the project has demonstrated its prospectivity, with soil sampling demonstrating peak grades of up to 27 g/t gold in localised areas and rock sampling grading up to 1040 g/t gold. The company says between the soil and rock chip results, there are five priority gold targets of up to 500m in strike extent which are available to be tested by permitted drilling. Bull Run gold project Bull Run sits within 5km of the town of Unity in Baker County, eastern Oregon. The project area covers 102 claims, of which Codrus wholly owns 91, and is party to a record mine option agreement for a further 11. The area has been mined for gold intermittently since 1929, in an area featuring extensive porphyry-style hydrothermal alteration and mineralisation, including copper, molybdenum, gold and silver. The project sits within the Ironside Mountain Inlier, where ultramafic-mafic and sedimentary rocks are intruded by the Grouse Creek and Bull Run granodiorites, along with various andesitic and dacite dykes. The nearby Grassy Mountain project holds a mineral resource of 1 million ounces of gold and 3 million ounces of silver, while the Cracker Creek mine to the north has produced more than 400,000 ounces of gold in its lifetime and holds about 300,000 more. 'A robust mineralising system' Codrus executive chairman Greg Bandy said the integrated interpretation of recent geophysical and geochemical programs have delivered a major step forward in unlocking the potential of the Bull Run project. 'The scale and intensity of the IP anomalies, combined with the impressive rock chip results, strongly support the presence of a robust mineralising system,' Bandy said. 'These findings have generated high-priority targets that we are excited to drill test in the near term as we continue to build momentum at Bull Run." Bandy also told Stockhead that Codrus would now be looking to immediately sign a contract for the rig and that if all goes well, will be drilling before month's end. This article was developed in collaboration with Codrus Minerals, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Originally published as Codrus set to drill test gold, copper and molybdenum targets at Bull Run

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