• 4 days The Million-Dollar Question: Will China Bail Out Evergrande?
  • 5 days 3 Restaurant Stocks In Full Recovery Mode
  • 6 days Bitcoin Is Driven By Testosterone
  • 11 days Quantum Computing Is The Newest Megatrend In Silicon Valley
  • 12 days How To Invest In The Cybersecurity Boom
  • 14 days Investors Are Patient With Unprofitable Giants
  • 16 days Wells Fargo Back In The Scandal Spotlight Once Again
  • 18 days 5 Stocks To Keep A Close Eye On This Year
  • 19 days As Auto Giants Flail, Look To Chip Stocks For Gains
  • 20 days Central America Is Ready For The Bitcoin Hustle
  • 22 days China’s Video Game Restrictions Unlikely To Slow Down Booming Industry
  • 23 days Top Performing Stocks As Inflation Fears Grow
  • 24 days US Airline Stocks Take A Beating On New EU Restrictions
  • 25 days This IPO Could Open Sustainable Fashion Floodgates
  • 26 days Crypto Crime Nets Another $2B Fraudster
  • 28 days This Week’s Hottest Meme Stocks
  • 29 days Why World Markets Should Be Watching Germany Closely
  • 31 days Could ‘Cultured’ Meat Rival The Plant-Based Megatrend?
  • 33 days ‘Easy Money’: Crypto Is Still Attracting Newbie Investors
  • 35 days Foreign Syndicates May Have Stolen Up To $400B In COVID Benefits
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Sequential TD9's in Gold Miners

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


Barrick

Barrick Gold Chart
Larger Image


Newmont

Newmont Mining Chart
Larger Image


Franco Nevada

Franco Nevada Chart
Larger Image


iShares TSX Global Gold Index ETF (XGD.TO)

iShares TSX Global Gold Index ETF (XGD.TO) Chart
Larger Image

 

Back to homepage

Leave a comment

Leave a comment