SoloTraderAU

Gold Mining Stock and XAUUSD

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
From VectorVest industry graph, we found MACD crossover Up in mining (Gold \ Silver) industry.
By looking at the weekly XAUUSD chart on the right, we see a hammer on a support level ~1260, and this hammer caused 50 & 200 EMA crossover Up.

Therefore I did a bottom fishing search in Rising Industries with two added parameters as follows:
Stock RT > 1.4
Industry Group = Mining (Gold\Silver)
This search is run on 6-Oct-17
The result shows only one stock. It is KL (Kirkland Lake)
It's value on 6-Oct-2017 as follows:
RV=1.55,
RS=0.94,
RT=1.55,
VST = 1.38,
CI=1.51

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