NAUFF - Is The Next Bullish Impulse Taking Shape?Nevgold CorpOTC_DLY:NAUFFTheSignalystNAUFF remains within its broader bullish structure, although the stock has spent the past several months moving through a corrective phase. What makes the current setup particularly interesting is that buyers have already reacted from a major technical intersection that previously acted as resistance and has now become an important support area. 🎯 Last month, NAUFF rejected the intersection of three major technical factors: 1️⃣ The historical support zone marked in blue 2️⃣ The psychological $1 round number 3️⃣ The 200 EMA acting as long-term dynamic support 📌 This confluence created an important decision zone, and so far, buyers have successfully defended it. Momentum also started improving at the same time. The RSI reached oversold territory and then crossed back above its signal line. Interestingly, the previous time a similar RSI setup developed earlier this year, NAUFF transitioned into a strong bullish impulse shortly afterward. 📊 The current crossover does not guarantee the same outcome, but it does suggest that bearish momentum has weakened and buyers are beginning to regain control. From here, the next important level sits around the red structure near $1.50. 🎯 For the bulls to regain stronger control and confirm that a new bullish leg may be underway, NAUFF would need to break and hold above this resistance zone. A confirmed breakout above $1.50 would strengthen the bullish structure and could open the door toward a retest of the previous major highs. 🐂 Meanwhile, if price pulls back again toward the blue support zone, we will continue watching for trend-following long setups as long as that support remains intact. 📌 Fundamentally, there has also been an important development since our previous analyses. NevGold recently published its maiden Gold-Antimony Mineral Resource Estimate at the Limousine Butte Project in Nevada, defining: • 29,600 tonnes of contained antimony Measured & Indicated at 0.26% • 48,100 tonnes of contained antimony Inferred at 0.18% • 181,400 ounces of gold Measured & Indicated • 1,203,500 ounces of gold Inferred⛏️ This is an important project milestone because the market now has a defined resource base to evaluate rather than relying solely on exploration results. NevGold also recently strengthened its board with the appointment of Scott Bensing, who brings extensive Nevada and U.S. federal government-relations experience as the company continues advancing strategic initiatives around Limo Butte.🌎 These developments do not guarantee a positive market outcome, but they provide a fresh fundamental backdrop while the technical structure begins showing signs of renewed strength. In brief, NAUFF has already reacted from a major support intersection around $1, while RSI momentum is turning higher. The next major technical confirmation would come from a break above the $1.50 resistance structure. Until then, the blue support zone remains the key area to watch for potential trend-following setups.📈 ⚠️Disclaimer: This analysis is provided for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Technical conditions can change, and no outcome is guaranteed. Always conduct your own research and manage risk appropriately. 📚Stick to your trading plan regarding entries, risk, and management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr