Weekly Charting, page-68

XGD - ASX Gold Index
(previous charts: Dec 2017 - Jan 2018)


Also, this XGD seasonality chart is quite telling and supports something I've known for a while. ASX Gold stocks are usually good buys in November or December (eg. many bottomed by mid-Dec last year), however March through to end July are usually terrible. One explanation, by the time Chinese NY comes around (early-mid Feb), its time to get out of gold stocks for several months (this yr was an exception for the leading gold stocks).



Also, forgot to post last week: KRC weekly chart. Last week's candle (not on chart) still fits between the two purple lines...


Also from last weeks charts, AVL now well above that Resistance zone it had struggled with all year...