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On Tuesday, Golden Mile Resources Limited stock price gained an impressive 12.50%
(Updated on Nov 18, 2025)
The Golden Mile Resources Limited stock price gained 12.50% on the last trading day (Tuesday, 18th Nov 2025), rising from $0.0080 to $0.0090. During the last trading day the stock fluctuated 0% from a day low at $0.0090 to a day high of $0.0090. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume fell on the last day by -732 thousand shares and in total, 75 thousand shares were bought and sold for approximately $675.67 . You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.89% during the next 3 months and, with a 90% probability hold a price between $0.0082 and $0.0133 at the end of this 3-month period.
G88.AX Signals & Forecast
There are few to no technical positive signals at the moment. The Golden Mile Resources Limited stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.0091. On a fall, the stock will find some support from the short-term average at $0.0081. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, September 30, 2025, and so far it has fallen -25.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Golden Mile Resources Limited stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0080 and $0.0070. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.0070 may give a huge drop in the stock price.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 5.00%.
Our recommended stop-loss: $0.0085 (-5.50%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 35 days ago.)
Trading Expectations (G88.AX) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Golden Mile Resources Limited to open at $0.0090, and during the day (based on 14 day Average True Range), to move between $0.0087 and $0.0093, which gives a possible trading interval of +/-$0.0006 (+/-6.71%) up or down from last closing price. If Golden Mile Resources Limited takes out the full calculated possible swing range there will be an estimated 6.71% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0080 (11.11%) than the resistance at $0.0100 (11.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Golden Mile Resources Limited stock A Buy?
Golden Mile Resources Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.
Current score:
0.051
Hold/Accumulate
Upgraded
Predicted Fair Opening Price
Predicted fair opening price on November 19, 2025 - $0.0090 ( 0%).
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G88.AX Performance
Trading levels for G88.AX
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0090 | - |
| R2 | 0.0090 | - |
| R1 | 0.0090 | - |
| Price | 0.0090 | |
| S1 | 0.0090 | - |
| S2 | 0.0090 | - |
| S3 | 0.0090 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0.0110 | 22.22% |
| R1 | 0.0100 | 11.11% |
| Price | 0.0090 | |
| S1 | 0.0080 | -11.11% |
| S2 | 0.0070 | -22.22% |
| S3 | 0 | - |
FAQ
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