ANGLOGOLD ASHANTI LTD

surecanweight

ANG market reversal possible break to the upside higher highs and higher lows with volatility market mover with potential due to asset purchase

Trader-Dan

- The gap created in the sell off (6th August) has now been closed - Next stop is a likely test of the downsloping 200 day moving average. - Gold had a decent pop up off the inflation data out of the US -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

04:21

mikeledwidge

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

Lester_Davids

This morning, pre-market, I published a technical note focusing specifically on key levels for JSE PGM and Gold shares, what the medium term outlook is and whether or not they are a buy at current levels. One of my main comments were: ' at some point these names will be opportunities for the mean reversion trader .' As you know I consider the chart in various...

Sure_Trading

JSE:ANG made a string downward move early in August. Since then it has been consolidating in a slight upward direction. Although not confirmed yet, this might be the formation of a bearish flag pattern. If it breaks through the bottom of the consolidation area, we could possible see a downward move as far down as the length of the original flagpole. I will wait...

Lester_Davids

- Medium Term: Must hold ~R230 or risks move to ~R209 - ONLY bullish if it can reclaim R267. This will negate the large head and shoulder topping structure. - A closer, zoomed-in look sees a possible short term bear flag developing.

AWPEARCE1

The same analysis as for Harmony or any gold counters for that matter. Only difference would change my stop loss to 20,845. Please look at my analysis for Harmony gold.

Innocentmaponde

Sometime in February 2021 I posted a chart showing a break of what looked like a bear flag, and how that break could target 200. Price at time of posting was around 330/340. The move did not happen in a straight-line but as of today's close, price is about 27 shy of that 200 'short' target. Original idea quoted below.

Driesman743

This is an analysis on AngloGold Ashanti. From an inflation point of view I think this is a good stock to invest in as gold is also now turning the trend more upward, ANG could also have a big swing up. Disclaimer: This is just my opinion on the stock. Tread carefully and best of luck to all the other investors out there!

JonathanOtero7f

ANG has shown support at R294 three times already and last week it touched that level once again. This looks like a nice R:R trade with a stop loss a close below R290 and target at R320 with a potential for further upside to R340.

Lester_Davids

ANG has declined from R377 on 19 May to today's low of R303. At current levels, the reward-to-risk appears attractive for a short term buy/long trade, in anticipation of a rebound. Note the price trading close to horizontal support and back-testing the trend line extending back to the peak of 05 January. Buy Range: 30300c-30600c Stop-loss: 29400c Target Range:...

T2TWELL

Reward to Risk 2:1

Dhesiganv

My anglo gold chart

T2TWELL

Reward risk 1.5:1

unclecool787

JPow didn't do Gold any favours last night, and a strengthening ZAR/$ isn't helping. ANG is close to it's last line of defense @R290 ... below R290 there's nothing but air holding ANG up above R267, and in the distance beyond that R230. Could go any way from here - next R30 seems 50/50 either up to R320 or down to R260, but it's looking weak hiding under all ...

Sure_Trading

JSE:ANG has formed a double bottom chart pattern and is showing some upward momentum based on the upward turn on the stochastic at the end of March and, more recently, the crossing of the EMAs and the upward turn of the MACD. If it breaks through the highs formed in early March, it might give us a nice upward move.

bullishjudge

Still consolidating below a resistance line. Dollar holding the Gold price back.

bullishjudge

Bears flip to bulls above the red line