As in some other posts I have said I'm optimistic for gold and gold shares. And IMO the Lihir Gold chart is very good.
Scores/rank :
SHORT TERM : 6.36 () [ Buy Candidate ]
MEDIUM TERM : 4.33 () [ Weak Buycandidate ]
LONG TERM : 3.78 () [ Weak Buycandidate ]
Score is GaG method of ranking the stocks. By highly advanced formels each stocks is given a value between -10 and +10 that indicates the predicted future movement of the stock.
Gold price is still going strong and I don't share the concern for a major drop in the prices as the growth in China and India is forcing metalprices up.
Lihir TA Chart
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