Pitainium's 15min chart sees MACD Golden Cross, Bollinger Bands expanding upward.

Wednesday, Oct 1, 2025 10:19 am ET1min read

At 10:15 on October 1, 2025, Platinum's 15-minute chart exhibited a significant technical indicator, as the Moving Average Convergence Divergence (MACD) triggered a Golden Cross. Additionally, the Bollinger Bands were expanding upward, indicating a strong upward momentum in the stock price. These technical indicators suggest that the market trend is being driven by strong buying activity, and there is a high potential for the stock price to continue rising.

Golden Cross Resources (OTCQB: ZCRMF), a Canadian mining company, has announced significant gold mineralization from initial diamond drilling at its Reedy Creek prospect in Victoria, Australia. The company reported high-grade gold intercepts, including 0.5 meters at 24.4 g/t Au and broader intervals of 23 meters at 3.01 g/t Au. The drilling program confirmed orogenic-style gold mineralization with features similar to Victoria's world-class deposits like Fosterville. Key findings include laminated quartz veins, arsenic halos, and visible gold Golden Cross Confirms Orogenic Gold Mineralization from Initial Assay Results at Reedy Creek[1].

The company has completed 10 holes totaling over 2,300 meters with assays pending from 1,900 meters of drilling. Golden Cross has launched a fully-funded Phase 2 drilling program of 10,000 meters with two rigs actively drilling. The geological features and initial results suggest potential for a significant Victorian-style gold deposit at depth. Highlights include high-grade gold confirmed, evidence of ladder-style veins and pathfinder halos, and a de-risked exploration model Golden Cross Confirms Orogenic Gold Mineralization from Initial Assay Results at Reedy Creek[1].

Matthew Roma, CEO of Golden Cross, commented, "The geological interpretations identified to date are very encouraging, suggesting a strong possibility that this area could host a significant 'Victorian-style' gold deposit at greater depths. With a fully funded Phase 2, 10,000m drill program, our primary objective is to vector into the source of this gold system."

The company's Phase 1 drilling program successfully intersected targeted multiple vein sets and associated zones of alteration, providing key structural data for Phase 2 drilling. Assay results confirm that all drillholes completed to date have encountered gold mineralization within an arsenic halo, suggesting the presence of a structurally controlled gold system Golden Cross Confirms Orogenic Gold Mineralization from Initial Assay Results at Reedy Creek[1].

Technical Indicators Suggest Strong Uptrend

Separately, Platinum's 15-minute chart exhibited a significant technical indicator on October 1, 2025, at 10:15. The Moving Average Convergence Divergence (MACD) triggered a Golden Cross, indicating a potential uptrend in the stock price. Additionally, the Bollinger Bands were expanding upward, suggesting strong upward momentum driven by buying activity .

References

Golden Cross Confirms Orogenic Gold Mineralization from Initial Assay Results at Reedy Creek[1] https://www.stocktitan.net/news/ZCRMF/golden-cross-confirms-orogenic-gold-mineralization-from-initial-j1wyqk8btlpd.html
https://www.stocktitan.net/news/ZCRMF/platinum-technical-indicator-golden-cross-upward-momentum.html

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