NG Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Potential regulatory approvals and rising gold prices could provide a short-term boost. Social media interest and option activity show speculative demand.




Bearish Case: High likelihood of negative returns per historical data, compounded by macroeconomic uncertainties and long project timelines, suggest continued risk.




Potential Outcomes:

1. Economic slowdown continues (40%).

2. Infrastructure investments boost (35%).

3. Stable prices with hedging (15%).

4. Volatility spikes due to geopolitical events (10%).




Trading Oracle: Execute a bullish debit spread: buy Sept 2025 $4.00 Calls, sell $5.00 Calls. Capture upside from potential infrastructure gains or project news. Optimal timeframe: 6-7 months. High reward:risk with favorable implied volatility trends.



February 15, 2025


Novagold Resources Forecast

NG        Novagold Resources











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