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JAPAULGOLD
Japaul Gold & Ventures Plc (JAPAULGOLD) is now down 30% from its previous all-time high, reflecting the ongoing weakness in price action.
As previously maintained, the N2.96/share level remains critical, as it represents the complete clean-up of the impulse candle. If the bulls successfully defend this zone, we could see a potential stabilization or relief bounce.
However, a failure to hold N2.96/share would likely trigger further downside, with price expected to drop toward the N2.50/share region, which is the next key demand zone I am closely watching.
For now, the structure remains cautious, and price behavior around N2.96/share will determine the next directional move.
#NFA