@AverageJoe - yes, have a look over the weekend. You have a complete weekly candle, and a complete monthly one too. I will.
I'd also be expecting ASX listed gold stocks to post a significant rise Monday around 10%, some more, some less of course. The implicit leverage in the rise of gold stocks will differ from stock to stock - we have seen a price rise of 1.9% (CME Futures) to 2.2% (XAUUSD).
Actually, I wonder if anyone has done research into this leverage...the ratio of gold price change vs. ASX stock price change. I'm sure people who follow their own stocks closely have a good feel for their performance relative to %age changes in gold price.
I've noticed the local XGD index seems to follow the US HUI index (+7.18%) pretty closely, but that's casual observation, not research.
How hard can it been to overlay the two on a Chart (tho' they are in different countries....)?
