To some degree they are useful (10 yr average only). SAR's shareprice chart is the most important. If a Support line breaks, than that would weigh heavily on the short-term direction of its chart.
ASX gold stocks most years tend to do well late Nov to mid-Feb (coinciding with Chinese NY). This most recent Nov-Feb period has been similar to previous years.
XGD (S&P/ASX All Ords Gold):
![](https://pbs.twimg.com/media/DuAtoTEUcAUbbR2.jpg)