As always, good chart analysis this week Jako. Will be interesting to see how the USD chart plays out over ST. I usually find Dec-Jan periods tend to be cyclically good for resources.
Australian Gold price:
(Previous XAUAUD, XGD charts: >this thread<)
XGD:
Dec to mid-Feb each year usually provides a positive influence to ASX gold stocks.
seasonality:
Over the last 6 years, the XGD has provided on average a +27% return over the Dec-Feb periods.
XGD Monthly chart:
NST:
(Previous chart: Nov 2017)
seasonality:
EVN:
(Previous charts: 30 June 2019, 20 July 2018, 18 Nov 2017)
seasonality:
GOR:
(previous charts: 8 July 2019, 11 March 2019, 26 Nov 2017)
seasonality:
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As always, good chart analysis this week Jako. Will be...
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