{"id":379001,"date":"2025-03-06T12:59:37","date_gmt":"2025-03-06T07:29:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/newmont-corporation-nem-elliott-wave-technical-forecast-video-crypto-news\/"},"modified":"2025-03-06T13:03:48","modified_gmt":"2025-03-06T07:33:48","slug":"newmont-corporation-nem-elliott-wave-technical-forecast-video-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/newmont-corporation-nem-elliott-wave-technical-forecast-video-crypto-news\/","title":{"rendered":"Newmont Corporation (NEM) Elliott Wave technical forecast [Video] &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>Today&#8217;s <a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/elliott-wave\">Elliott Wave<\/a> analysis covers the Australian Stock Exchange (ASX) stock\u00a0NEWMONT CORPORATION (NEM).\u00a0A corrective wave is currently forming and entering its final phase, potentially opening a\u00a0bullish opportunity\u00a0for traders interested in ASX:NEM.<\/p>\n<h2 class=\"fxs_headline_medium\">ASX: NEM\u00a0Elliott Wave technical analysis<\/h2>\n<ul>\n<li>\n<p><strong>Function:<\/strong>\u00a0Major Trend\u00a0<em>(<\/em>Intermediate Degree, Orange<em>).<\/em><\/p>\n<\/li>\n<li>\n<p><strong>Mode:<\/strong>\u00a0Motive.<\/p>\n<\/li>\n<li>\n<p><strong>Structure:<\/strong>\u00a0Impulse.<\/p>\n<\/li>\n<li>\n<p><strong>Position:<\/strong>\u00a0Wave C\u00a0(Grey) of Wave (2) &#8211; Orange.<\/p>\n<\/li>\n<li>\n<p><strong>Details:<\/strong><\/p>\n<ul>\n<li>\n<p>The wave count has been adjusted to\u00a0<strong>increase probability.<\/strong><\/p>\n<\/li>\n<li>\n<p>Wave (2) &#8211; Orange may still be extending longer than anticipated, forming a\u00a0<strong>Zigzag pattern labeled A, B, C &#8211; Grey.<\/strong><\/p>\n<\/li>\n<li>\n<p><strong>Wave B &#8211; Grey<\/strong>\u00a0recently ended, and now\u00a0<strong>Wave C &#8211; Grey<\/strong>\u00a0is pushing lower, potentially reaching even\u00a0<strong>lower price targets.<\/strong><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong>Invalidation point:<\/strong>\u00a0<strong>77.00<\/strong><\/p>\n<\/li>\n<\/ul>\n<h2 class=\"fxs_headline_medium\">ASX: NEM\u00a0Elliott Wave technical analysis<\/h2>\n<ul>\n<li>\n<p><strong>Function:<\/strong>\u00a0Major Trend\u00a0(Minor Degree, Grey).<\/p>\n<\/li>\n<li>\n<p><strong>Mode:<\/strong>\u00a0Motive.<\/p>\n<\/li>\n<li>\n<p><strong>Structure:<\/strong>\u00a0Impulse.<\/p>\n<\/li>\n<li>\n<p><strong>Position:<\/strong>\u00a0Wave ((ii))\u00a0(Navy) of Wave C &#8211; Grey of Wave (2) &#8211; Orange.<\/p>\n<\/li>\n<li>\n<p><strong>Details:<\/strong><\/p>\n<ul>\n<li>\n<p>Looking more closely, since\u00a0<strong>77.00<\/strong>, Wave C &#8211; Grey has been moving\u00a0<strong>lower in a Five-Wave pattern.<\/strong><\/p>\n<\/li>\n<li>\n<p><strong>Wave ((i)) &#8211; Navy<\/strong>\u00a0may have\u00a0<strong>just completed.<\/strong><\/p>\n<\/li>\n<li>\n<p><strong>Wave ((ii)) &#8211; Navy<\/strong>\u00a0is now\u00a0<strong>moving higher,<\/strong>\u00a0targeting\u00a0<strong>0.5 &#8211; 0.618 retracement levels.<\/strong><\/p>\n<\/li>\n<li>\n<p>After that,\u00a0<strong>Wave ((iii)) &#8211; Navy<\/strong>\u00a0is expected to resume a\u00a0<strong>downward movement.<\/strong><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong>Invalidation point:<\/strong>\u00a0<strong>70.00.<\/strong><\/p>\n<\/li>\n<\/ul>\n<h2 class=\"fxs_headline_medium\">Conclusion<\/h2>\n<p>Our Elliott Wave <a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/analysis\">analysis<\/a> and <a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">forecast<\/a> for\u00a0<strong>ASX: NEWMONT CORPORATION (NEM)<\/strong>\u00a0provide\u00a0<strong>valuable insights<\/strong>\u00a0into current market trends and trading opportunities. We highlight\u00a0<strong>specific price levels<\/strong>\u00a0that serve as\u00a0<strong>validation or invalidation points<\/strong>\u00a0for our wave counts, increasing confidence in our projections. By integrating these elements, we strive to offer\u00a0<strong>an objective and professional outlook on market movements.<\/strong><\/p>\n<h2 class=\"fxs_headline_medium\">Newmont Corporation (NEM) Elliott Wave technical forecast [Video]<\/h2>\n<div class=\"youtube_cke fxs_external\">\n<p><iframe loading=\"lazy\" title=\"Unlocking ASX Trading Success: NEWMONT CORPORATION (NEM) Stock Analysis &amp; Elliott Wave Forecast\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/gFIsPYMvzSk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s Elliott Wave analysis covers the Australian Stock Exchange (ASX) stock\u00a0NEWMONT CORPORATION (NEM).\u00a0A corrective wave is currently forming and entering its final phase, potentially opening a\u00a0bullish opportunity\u00a0for traders interested in ASX:NEM. ASX: NEM\u00a0Elliott Wave technical analysis Function:\u00a0Major Trend\u00a0(Intermediate Degree, Orange). Mode:\u00a0Motive. Structure:\u00a0Impulse. Position:\u00a0Wave C\u00a0(Grey) of Wave (2) &#8211; Orange. Details: The wave count has been [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":379004,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,605,246,257,800,307,255,250,252,247,253,249,308,256,254],"class_list":["post-379001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-chartpatterns","tag-coin","tag-cryptocurrency","tag-elliottwave","tag-equities","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/379001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=379001"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/379001\/revisions"}],"predecessor-version":[{"id":379005,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/379001\/revisions\/379005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/379004"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=379001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=379001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=379001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}