Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,000.50	-4.10	-0.41%
WTI Crude •10 mins	71.40	+0.20	+0.28%
Gasoline •10 mins	2.340	+0.037	+1.61%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.52	+0.03	+0.04%
Natural Gas • 10 mins	4.022	+0.071	+1.80%
Heating Oil • 10 mins	2.323	+0.034	+1.49%

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Bob Hoye

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Sequential TD9's in Gold Miners

By Bob Hoye - Aug 26, 2016, 4:12 PM CDT

Technical observations of RossClark@shaw.ca

Seven of the nine gold miners with market capitalizations over 10 billion Cad$ have generated TD Sequential 9 Sell Setups during this year's rally. The most common reaction is a correction back to the 20-month exponential moving average. Longer-term investors should be patient.

		20-month ema	EMA Support US$ / (Cad$)
ABX	Barrick Gold Corp	5 of 6 since 1986	$15.25 / (Cad$ 18.90)
NEM	Newmont Mining	4 of 5 since 1968	$30
FNV	Franco Nevada	2 of 2 since 2007	$59 / (Cad$ $76)
AEM	Agnico Eagle Mines	1 of 2 since 1997	$39 / (Cad$ 50)
GOLD	Randgold	1 of 2 since 2003	$86
FRES.L	Fresnillo	None	$16
NCM.AX	Newcrest	2 of 2 since 2003	$13