AustralianGold

AustralianGold Updated 

Waiting for a breakout. If it happens this would likely signal a shift in favour of the gold miners and a multi-year bull market.

AustralianGold

This is likely the beginning of a new impulse phase for the miners

AustralianGold

Nice H + S and volume

AustralianGold Updated 

RSI is neutral Support around 50 % retracement and 30 WMA

AustralianGold

RSI is neutral working off the overbought conditions of late July. Many stocks back to reasonable value again

AustralianGold Updated 

Time to take some profits looking for a better entry over the next few months. The 30 week moving average as a minimum correction level

AustralianGold Updated 

IGO has two Tier one assets Tropicana (gold) 30% and Nova (Nickel/Copper/Cobalt) 100% With the Nickel price breaking higher this looks a good chance to break from a multi year resistance and commence a new uptrend

AustralianGold

It's been a stock for the patient but finally some signs of life

AustralianGold

Another gold stock with a breakout on the charts

AustralianGold

Big Bear Markets such as the decline into the 2016 low for the miners breed big bull markets. These unloved countercyclical investments have significant potential for long term gains. Such a clear down trend with overhead resistance are key charts worth keeping an eye on. This week we have a clear breakout. Decent volume for gold and GDX are solid confirmations.

AustralianGold Updated 

Such a positive OBV strongly suggests a break to all time high

AustralianGold

It's a personal view that long term charts are better than linear charts on a log scale. NCM has continued it's uptrend from the low of late 2013. It is very similar to the break of 2002.

AustralianGold

Finally some money flowing into the undervalued goldies

AustralianGold

Looks as if the Aussie dollar has bottomed. An impulse to complete the C wave of a zigzag. Good correlation with the gold sector moving uo.

AustralianGold

Gold broke out strongly. If 1289 holds

AustralianGold Updated 

Nice breakout looking for continuation