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Kirkland Lake Gold Is Shining Bright on the Charts

Bruce Kamich

In this daily bar chart of KL, below, we can see an uptrend from the February low with prices nearly doubling. KL is above the rising 50-day moving average line and the bullish 200-day average line. The daily On-Balance-Volume (OBV) line shows a slow rise from February to early August and then a more dramatic rise from September.