Commodity Prices

Gold •15 mins	1,645.60	-4.40	-0.27%
Platinum •15 mins	923.80	-8.50	-0.91%
WTI Crude •10 mins	49.16	-0.74	-1.48%
Gasoline •10 mins	1.596	-0.046	-2.83%
Ethanol •14 hours	1.316	-0.016	-1.20%
Silver •15 mins	18.00	-0.20	-1.08%

Silver • 15 mins	18.00	-0.20	-1.08%
Copper • 15 mins	2.555	-0.027	-1.05%
Brent Crude • 10 mins	53.30	-0.96	-1.77%
Natural Gas • 10 mins	1.862	+0.011	+0.59%
Heating Oil • 10 mins	1.523	-0.043	-2.72%

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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