ANGLOGOLD ASHANTI LTD

JSE

ANG

ANG is set to fall after forming triple top!!!

Below is the bullish trending channel broken out, we can either wait for the re-test of the breakout which is also at the GAP area i.e. 18956 to enter the sellers or we can sell at current market price.

Double bottom forming on the hourly - NFP this afternoon

Hourly close above R207.50 targets R225

I am looking to sell this one, supply and demand rule

R208 target

Double bottom targets R205

JSE:ANG Weekly chart made cup, broke neckline and and now back testing it. If it plays out target is in 260/280 region. This is longer term play.

Next leg higher after closing gap. Hourly close above R204.50 confirms

After a strong markup out of the accumulation trading range, there have been two steppingstone re-accumulations. The markup has broken the initial increasing trend channel and has now formed a steeper channel. Last week though we saw a climatic bar on volume and a strong reaction of the highs. There is divergence with the volume RSI. This indicates that a trading...

JSE:ANG has formed a bearish harami which is a strong reversal signal. This could signify a change of direction to a downward move. There is also a gap to close that formed on the 20th of Feb. Gaps tend to act as magnets for the price and like to be closed. I have entered a short position and will look to close either once the gap has been closed or further down...

JSE:ANG Still moving strongly up. Resistance are around 23000 above that 25500. Support for now is 20000 (gap from yesterday) this should be run away gap.

My entry is rather to wait for another possible confirmation the sell as per length of my arrow.

Close above R190 triggers fresh buy signal - can look to add to existing long position

Double Tops formed around the supply zone is a good signal to look for sell entries towards the marked support.

Target = R223, SL = R163.50

JSE:ANG After strong move higher consolidating in small falling wedge. Break above wedge will probably target area around R20000

Gold stocks have been a leading sector in the Resources Sector. Currently, there has been some climactic action and I am expecting some consolidation. However, once the consolidation has completed which stock to take positions in on the next swing. Comparing the relative strength of ANG, SGL, HAR and GFI we see that ANG is the leader of the pack. GFI has also been...