XTL 0.44% 4,260.9 s&p/asx 20

As always, good chart analysis this week Jako. Will be...

  1. 693 Posts.
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    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:
    Last edited by sreeve: 29/12/19
 
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