Wishbone Gold Plc (LSE:WSBN) about to make music?

#Gold #Stoxx50  Despite receiving a few emails about Wishbone Gold, our normal inclination would be to avoid analysis, due to shares below 1p being outrageously effected by “the spread”, along with sentiment in chatrooms providing wild and weird influences on prices. However, once upon a time there was a rock group called Wishbone Ash, never particularly famous but known for their use of the two lead guitarists harmonising with each other. The band were credited with influencing just about everyone in the music field, The Eagles to name just one.

A couple of chums and I spent our teens either building motorcycles or playing guitar and one of the guys insisted we listen to Wishbone Ash’s album Argos, his argument being we’d learn a lot from the groups style. Unfortunately, we also ended up learning how to play many of the tracks on that album, particularly one called “Blowing Free”, arguably getting to the point where our own recordings were superior to the original band. It was a lot of fun, though hard work as the driving force was one of our number intending to become a professional musician. He accomplished this ambition, only for his dream to be stifled when an offer to join an already famous band in Los Angeles was declined, due to him not wishing to leave the UK, Scotland, and his family. But he remains as an on-demand session musician in the UK and Europe but still hasn’t ever been on an aircraft.

When we got together a few years ago, for a giggle I played the opening chords for “Blowing Free”, the other pair picking up guitars and joining in seamlessly.  It was like 30+ years hadn’t passed, our wives gobsmacked at music they’d never heard previously from any of us. The often incessant practice sessions as teenagers had certainly sunk in. While Wishbone Ash had effectively stopped performing before we picked up guitars, they certainly influenced us!

What sort of experience should we anticipate with Wishbone Gold?

 

Presently trading around 0.625p, we suspect the share price needs exceed 0.785 to trigger “proper” movement as this should allow a surge in share price value to an initial 1.07p. Hopefully the company have some news polished up and ready to release which involves a story about a Goose and Golden Eggs! The 1.07 level looks fairly key, proving an impressive potential of movement to 1.45p along with (visually) some probable hesitation.

Until such time the share closes above the Blue downtrend, we are somewhat nervous for the company prospects, especially as our calculations project any drop targets prefaced with minus signs at present. However, perhaps the surge in Gold values above the 3,000 US dollar level shall prove useful as there’s very little inhibiting the metal to now reach for a future 3,715 dollars. Certainly, if the price of Gold again wanders above the 3,400 point, things are liable to become interesting fairly quickly for companies active in the field of shiny dreams.

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:30:30PM BRENT 6814.7
10:36:26PM GOLD 3346.76 3319 3302 3277 3336 3377 3404 3445 3340 Success
10:40:21PM FTSE 8976 ‘cess
10:43:32PM STOX50 5342 5286 5275 5211 5335 5362 5379 5410 5330 Success
10:46:41PM GERMANY 24181
10:49:06PM US500 6258.9 ‘cess
10:51:49PM DOW 44188.5
11:02:18PM NASDAQ 22890 ‘cess
11:06:55PM JAPAN 39551 Success

 

16/07/2025 FTSE Closed at 8926 points. Change of -0.13%. Total value traded through LSE was: £ 4,765,608,248 a change of -10.27%
15/07/2025 FTSE Closed at 8938 points. Change of -0.67%. Total value traded through LSE was: £ 5,311,247,266 a change of 37.8%
14/07/2025 FTSE Closed at 8998 points. Change of 0.64%. Total value traded through LSE was: £ 3,854,245,348 a change of -14.23%
11/07/2025 FTSE Closed at 8941 points. Change of -0.38%. Total value traded through LSE was: £ 4,493,815,888 a change of -13.23%
10/07/2025 FTSE Closed at 8975 points. Change of 1.22%. Total value traded through LSE was: £ 5,178,779,712 a change of 11.73%
9/07/2025 FTSE Closed at 8867 points. Change of 0.15%. Total value traded through LSE was: £ 4,635,239,933 a change of -8.59%
8/07/2025 FTSE Closed at 8854 points. Change of 0.55%. Total value traded through LSE was: £ 5,070,905,643 a change of 38.98%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:IAG British Airways** **LSE:IPF International Personal Finance** **LSE:OPG OPG Power Ventures** **LSE:SFOR S4 Capital** **LSE:SRP Serco** **LSE:TSCO Tesco** **

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Updated charts published on : Asos, Barclays, British Airways, International Personal Finance, OPG Power Ventures, S4 Capital, Serco, Tesco,


LSE:ASC Asos Close Mid-Price: 310.5 Percentage Change: -3.72% Day High: 342 Day Low: 305

Further movement against Asos ABOVE 342 should improve acceleration towar ……..

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LSE:BARC Barclays Close Mid-Price: 342.6 Percentage Change: -0.22% Day High: 348.3 Day Low: 341.85

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LSE:IAG British Airways. Close Mid-Price: 380.5 Percentage Change: + 0.87% Day High: 385.8 Day Low: 376.5

Target met. Further movement against British Airways ABOVE 385.8 should ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 177.4 Percentage Change: + 0.68% Day High: 178 Day Low: 175.8

Target met. In the event of International Personal Finance enjoying furth ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 8.4 Percentage Change: + 1.20% Day High: 8.45 Day Low: 8.35

All OPG Power Ventures needs are mid-price trades ABOVE 8.45 to improve a ……..

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LSE:SFOR S4 Capital Close Mid-Price: 22.5 Percentage Change: -3.02% Day High: 24.3 Day Low: 22.45

In the event S4 Capital experiences weakness below 22.45 it calculates wi ……..

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LSE:SRP Serco Close Mid-Price: 210.2 Percentage Change: -0.76% Day High: 215 Day Low: 208.8

Further movement against Serco ABOVE 215 should improve acceleration towa ……..

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LSE:TSCO Tesco Close Mid-Price: 407.6 Percentage Change: -0.05% Day High: 411 Day Low: 406.8

Continued trades against TSCO with a mid-price ABOVE 411 should improve t ……..

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*** End of “Updated Today” comments on shares

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