Identifying Momentum: New Found Gold (NFG.V) (NFGC) Coils into a Multi-Month Bottoming Pattern

Note: The examples and setups featured in this article are not presented as precise entry or exit points, nor are they intended to suggest that anyone could have captured the exact bottom or top. Rather, they are meant to highlight the potential of the move based on the data we provide. Our focus is on identifying asymmetrical opportunities—where even capturing a portion of the move can be highly meaningful. As with George Soros’s famous short of the British pound—where the full potential was $3 billion, but only $1 billion was realized—the value lies in recognizing the setup, not perfection. Our institutional clients understand this well: they use our signals as a foundation and apply their own strategies to extract what fits their model. Success often comes from capturing the meat of the move, not chasing extremes.

Disclaimer: SetYourStop.com does not tell anyone what to buy or sell. We are a research company. The data we publish highlights signals of potential momentum or positioning that appear on our radar through daily monitoring of price action, volume, and institutional activity. These examples are meant to demonstrate how the data helps surface potential opportunities—not to suggest specific trades or outcomes. It is up to each individual to decide how they want to use the information. Our institutional clients value this work because we do the homework—they take the data, run it through their own models and strategies, and determine what fits. We present the research—what happens next is up to the end user.


 

We’ve been highlighting New Found Gold consistently in our daily reports as price action surged off its lows and began forming the right side of a bottoming pattern. The stock has repeatedly shown up in our research as it tightened into a significant structure, suggesting that momentum was quietly building beneath the surface.

Strategy

July 11, 2025 (Weekend Report)
New Found Gold appeared to be setting up on the right side of a bottoming pattern as the PPO momentum indicator attempted to curl higher near the zero line. The signal suggested an early shift in underlying momentum.

Real-Time Chart From the SetYourStop Report

July 21, 2025 (Canadian Daily Setups)
New Found Gold continued to build the right side of the bottoming pattern, with signs that accumulation might be taking place beneath the surface.

Real-Time Chart From the SetYourStop Report

August 6, 2025 (Canadian Daily Setups)
Price action remained constructive on the right side of the bottoming pattern, with continued monitoring for signs of upside momentum.

Real-Time Chart From the SetYourStop Report

August 16, 2025 (Weekend Report)
New Found Gold continued to show constructive action within a significant multi-month bottoming structure. The technical picture suggested mounting pressure for a potential breakout.

Real-Time Chart From the SetYourStop Report

August 21, 2025
Price action is now coiling tightly. The 200-day moving average is drawing the upper trendline of resistance, while the 50-day moving average is acting as support below. This has created a tight consolidation area as price coils toward the apex. Pressure seems to be building, waiting for a directional break.

Zooming in shows unusual volume activity, suggesting positioning ahead of a potential move. Someone appears to be building a position — watch this setup for breakout signals, especially if the price of gold remains robust.


 

Conclusion

New Found Gold is a textbook example of how multi-month bottoming structures can compress into tightly coiled setups. With converging moving averages, rising volume, and momentum indicators turning, this pattern is nearing an inflection point. At SetYourStop, we highlight these structures early, putting them on the radar before the breakout occurs—what happens next is up to the end user.

Exclusive Research for All Our Visitors!

Sign up to access complimentary insights and stay informed about upcoming events and appearances—your gateway to data-driven market analysis.

Please wait…

Thank you for sign up!

Why Choose SetYourStop?

Data-Driven, Emotion-Free Research Powered by Our Proprietary Momentum Scanner to Track Abnormal Volatility and Uncover Potential Momentum and Asymmetrical Setups.

Daily Report

Identifying momentum-driven opportunities through daily market commentary, supported by precise, data-driven research.

US Daily Setups

Daily U.S. stock setups identified by our momentum scanner, highlighting high-potential opportunities.

CDN Daily Setups

Daily Canadian stock setups identified by our momentum scanner, highlighting high-potential opportunities.

Unusual Activity Report

Highlighting unusual options activity, insider transactions, and institutional sponsorship daily to uncover potential stock momentum.

Weekend Report

A weekly review of market activity, highlighting momentum-driven opportunities and focused setups, powered by emotion-free research.

The Workspace

Focused on our proprietary momentum scanner, tracking abnormal volatility to identify potential momentum and asymmetrical setups.

Access Institutional-Level Research for Less Than a Dollar a Day

Stay Ahead in the Market with SYS Research and Make Independent, Confident Decisions.

All-Access

$364.99

Canadian Dollars

Annually

Scroll to Top