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8,902.8 s&p/asx all ordinaries gold

XGD Chart, page-2

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newo

789 Posts.

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26/12/17

12:43

Post #: 29870756
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Originally posted by sreeve ↑

All Ords Gold Index chart looking more promising after a pretty lacklustre 2017.
* About 50% of Index weighting is NCM, with Top10 over 90% of Index.
- NCM in a wedge and will need to decide whether to break Resistance or Support sometime over next few weeks.
- EVN currently at a Resistance crunch point.
- NST had a pretty good year, creating new all time highs recently.
- SBM been moving very nicely since breaking Resistance in mid-November.
- Interest in some of the junior gold stocks heating up a bit in recent months. NST taking 80million shares in EAR. DRG shareprice moving quite strongly. KIN securing funding package with Sprott to advance its W.A. project.

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XGD Value at posting: 4,804.2
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