XGD 2.17% 8,892.6 s&p/asx all ordinaries gold

All Ords Gold Index chart looking more promising after a pretty...

  1. 693 Posts.
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    All Ords Gold Index chart looking more promising after a pretty lacklustre 2017.
    * About 50% of Index weighting is NCM, with Top10 over 90% of Index.
    - NCM in a wedge and will need to decide whether to break Resistance or Support sometime over next few weeks.
    - EVN currently at a Resistance crunch point.
    - NST had a pretty good year, creating new all time highs recently.
    - SBM been moving very nicely since breaking Resistance in mid-November.
    - Interest in some of the junior gold stocks heating up a bit in recent months. NST taking 80million shares in EAR. DRG shareprice moving quite strongly. KIN securing funding package with Sprott to advance its W.A. project.

 
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