Long-term Chart Update Tocvan Ventures: After the Trend Reversal, the Dollar Comes Back into Focus
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Editorial Team
Rundes Icon von GOLDINVEST - Das Investor-Magazin für Rohstoff-News und Rohstoff-Aktien
Editorial Team
Bulle und Bär Gold

The five-year chart of the Canadian gold company Tocvan Ventures (CSE TOC / WKN TV3/A2PE64) shows a falling trend channel since 2021, which ended at the turn of the year 2023/24. Since then, the price has been moving in the blue upward trend channel – the resistance from 2023 (gray line) has already been overcome once (with increased trading volumes) and a three-year high has been reached.

Both averages are clearly rising – in addition, since the buy signal from summer 2024 (when the 100-day line crossed above the 200-day line), the 100-day line continues to run above the 200-day line.

The trend confirmation indicator also reflects the upward tendency. It has been rising steeply for six months, has already reached a four-year high, and has been running in the positive zone above 100 since the end of February.

tocvan 140425long-GOLDINVEST

Source: Comdirect

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Tocvan Ventures Corp. is a Canadian exploration company focused on developing advanced gold projects. The emphasis is on the state of Sonora in Mexico, where Tocvan is advancing two promising projects: the flagship project Gran Pilar and the El Picacho project. The company pursues a growth-oriented strategy aimed at identifying undervalued deposits with high resource potential and further developing them through targeted exploration, strategic partnerships, and the use of local expertise.
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