Some Aussie stocks/ETFs worth watching as May draws to a close and as key support seems to be holding. Note how some of the Mining/Resource stocks are starting to look interesting again!
Gold has been in a bit of recovery mode of late given recent US$ weakness. I wrote a separate article earlier today about the precious metal and levels to watch which can be found through this link. In this article I’m posting charts of Gold stocks and ETFs worth watching in the event of any continued […]
Australian stocks have joined in the global sell off seen over the last few trading sessions. US Fed comments about stocks being over-valued, some weak local bank earning reports and an uptick with the national unemployment rate have combined to un-nerve Australian investors. In this post I highlight the key technical support levels to watch on the […]
Gold and Silver are both hovering near major support levels ahead of Wednesday’s April FOMC meeting. The outcome of this meeting has the potential to shift the US$ and, thus, both of these metals. In this post I look at the charts of both metals and some of the key ETFs and stocks in an […]
The Aussie market closed higher today but still couldn’t manage a monthly March candle print above the key 6,000 level. This is no great worry but it would have been a nice psychological boost. However, the print of a monthly bearish-reversal ‘Hanging Man’ candle at this key resistance level may cause traders some market jitters.