You mention that Nuvve’s cash burn is about $5.5 million per quarter. Given that, what specific milestones or revenue sources does #Nuvve need to hit to avoid further dilution or keep financing risk under control? $NVVE
Here's the Elliott Wave analysis on gold, updated considering the Israel–Iran war tensions:
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📊 Current Elliott Wave Outlook for Gold
Long-Term Trend – Bullish (Wave 5 Continuing)
Analysts like those from FXStreet and TradingLounge observe that gold started a major wave (5) up from its late‑2022 low. The structure has broken above wave 3 highs, supporting a bullish continuation.
Medium-Term Setup – Wave 3 of (5) Underway
Daily & 4‑hour counts suggest wave 3 within the ongoing wave (5) is forming.
Typical target: $3,878–4,008/oz before completing this leg.
Short-Term Watch – Intraday Retracement or Extension
After the corrective drop within wave 2 of (iii), wave 3 may extend further.
Resistance sits near $3,367–3,360/oz; a decisive break above could signal acceleration.
Potential intraday dip back toward $3,200–3,225/oz may present a buying opportunity.
Based on this article, I bet #novo knows who we are now. Wouldn't this be a great headline for 2026?--" Novo Nordisk purchases skye Bio for $5.23 billion on the strength of Nimacimab's PH 2 data". Bullish
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