Newmont Corporation’s (NEM) stock slipped below the 50-day simple moving average (SMA) last Wednesday, flashing a bearish signal. The stock also closed below its 50-day SMA at $50.10 last Friday. The pullback is largely a function of retreating gold prices. Bullion prices have fallen from the record highs clocked in April as the U.S.-China trade discussions have reduced safe-haven demand. Easing U.S. inflation also contributed to the downside. Nevertheless, the NEM stock is currently trading above its 200-d ...