The local market as measured by the All Ordinaries Index is testing the lows of this sideways pattern having already broken a minor up trend line.
The Gold backed ETF GLD rose nicely after having a small consolidation at lower prices. Will we see a fresh high before the end of the year?
The price of Droneshield took a hammering today after an earlier ASX announcement was changed and some directors sold off some shares.
Cromwell Property Group looks to be forming a bullish flag type pattern above the support and resistance zone.
Aristocrat Leisure fell after their latest update.
Tasmea is one stock that has been rising steadily.
The A2 Milk company could be building for a move higher.
Gold producer Northern Star made a fresh high today.
Aurizon Holdings has moved off the recent lows.
Woolworths may run into some resistance at these levels and looks to be forming a bullish flag type pattern.
Pilbara Minerals has had a nice run up lately.
This is one analysts look at the US S@P 500 index over the longer term suggesting a top may be close at hand.
Gold bull markets can have big pauses and dips before continuing the trend.
Disclaimer: The commentary on different charts is for general information purposes only and is not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column. Cheers Charlie.
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