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Monthly Archives: March 2017

XAUUSD overlay with ABX and NEM weekly stock charts, late-2014 to present

Gold mining stocks bearish divergence from XAUUSD

Gold mining stocks Barrick Gold and Newmont Mining show bearish divergence by not following gold’s recent gains. These stocks were leading indicators of gold price in 2016.

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Why the recent strength of the Pound may be an aberration

There remain genuine concerns that such resilience can be sustained, further exacerbated by the surprisingly disappointing UK Construction and Services PMI data from February

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GBPJPY daily time frame

Long or short, the fortune of 3 GBP crosses

Article 50 for Brexit is coming 29 March 2017. Quick look at 3 GBP pairs, GBPJPY, GBPAUD and GBPSGD based on relative strength offers contrast for traders who plan to trade GBP outcome.

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