Centerra Gold Inc. — Technical Breakout with Strong MomentumCenterra Gold Inc.BATS:CGAUshortermtrader📈 TRADE SETUP ConceptDetails DirectionLONG Entry$19.15 Stop Loss$17.19 Take Profit$23.43 Risk/Reward~1:2.1 Time Horizon6–10 weeks 🧠 TECHNICAL ANALYSIS ✅ Multi-Timeframe Alignment Daily: Strong bullish trend, price above all key moving averages (SMA‑20 $18.41, SMA‑50 $16.44) 4H: Bullish trend with "buy" signal and positive MACD 1H: Bullish structure with healthy RSI (56.4), confirming short-term momentum Volume: Consistent buying pressure on recent advances 📊 Key Indicators RSI (14): 57.8 — Bullish zone without overbought conditions, room for further upside MACD: Bullish across all timeframes, histogram expanding Moving Averages: Price trading well above both 20‑day and 50‑day SMAs, confirming strong uptrend Bollinger Bands: Price near upper band, indicating sustained momentum 🔁 Connors RSI2 Context No recent buy signals in last 7 days Absence of signals confirms strong trend without significant oversold conditions — healthy continuation setup 🎯 Price Structure Clear breakout above resistance at $18.80 New highs with increasing volume Measured move target at $23.43 (Fibonacci extension) 📊 FUNDAMENTAL CONTEXT MetricAssessment Fundamental Score5/9 (Medium) Revenue GrowthModerate growth Net Income GrowthWeak growth DebtBuy (score 10, debt‑free balance sheet) RatiosNeutral (P/E undervalued, P/S overvalued) SectorGold mining — beneficiary of commodity cycle Strengths: Impeccable balance sheet with zero debt (score 10) Moderate revenue growth in a rising gold price environment Strong technical momentum with multi‑timeframe confirmation Weaknesses: Weak net income growth (typical in capital‑intensive mining sector) Mixed valuation picture (P/S elevated) 🛠️ TRADE MANAGEMENT Entry Strategy Immediate Entry: $19.15 on continuation of breakout Scaled Entry: Consider 50% now, 50% on pullback to $18.80–$19.00 Stop Loss Hard Stop: $17.19 (below recent consolidation and 20‑day SMA) Trailing: Move to breakeven after first target hit Take Profit TP1: $21.50 (partial profit zone) TP2: $23.43 (primary target — measured move) ⚠️ DISCLAIMER This analysis is for educational and informational purposes only. It is not financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before trading. The author assumes no liability for any losses incurred from this information. Ticker: CGAU Timeframe: Daily + 4H Strategy: Swing Long on Breakout Date: February 24, 2026 #CGAU #CenterraGold #Gold #Mining #SwingTrading #Breakout #TechnicalAnalysis #TradingView #Commodities #GoldStocks #RiskManagement