US Dollar is in a long term down trend towards l
Post# of 1088
US Dollar is in a long term down trend towards level 80, pullback in Gold and Mining Index from last August's high has ended, up trend is being established with accelerating upward momentum and may take out last year's high. Mining stocks follow Gold Price and the XAU Mining Index closely, they will surge again, especially Aben Resources due to its resource potential in the prolific Golden Triangle, its share price is tremendously undervalued with awesome predictable chart pattern. Technically share price should not has been under 15 cents, it should remain above the Neckline of the 5-year Head-And-Shoulder formation. The sell off to the current low price is due to short term momentum-chasing traders and impatient investors who do not invest for long term holding. "One man's trash is another man's treasure" resulted in buying opportunities.
Hourly charts
US Dollar Index
https://bigcharts.marketwatch.com/advchart/fr...=0&y=0
Gold
https://bigcharts.marketwatch.com/advchart/fr...e=2&ti
XAU Mining Index
https://bigcharts.marketwatch.com/advchart/fr...p;state=10
ABN.V
https://bigcharts.marketwatch.com/advchart/fr...p;state=10
Daily charts
US Dollar
https://bigcharts.marketwatch.com/advchart/fr...p;state=10
Gold
https://bigcharts.marketwatch.com/advchart/fr...=2&tim
XAU Mining Index
https://bigcharts.marketwatch.com/advchart/fr...&timeF
ABN.V
https://stockcharts.com/h-sc/ui?s=ABN.V&p...6617810122
Weekly charts
US Dollar
https://bigcharts.marketwatch.com/advchart/fr...p;state=10
Gold
https://bigcharts.marketwatch.com/advchart/fr...2&x=41
XAU Mining Index
https://bigcharts.marketwatch.com/advchart/fr...=44&y=
ABN.V
https://stockcharts.com/h-sc/ui?s=ABN.V&p...7496113214
Monthly charts
US Dollar
https://bigcharts.marketwatch.com/advchart/fr...60&y=5
Gold
https://bigcharts.marketwatch.com/advchart/fr...e=2&ti
XAU Mining Index
https://bigcharts.marketwatch.com/advchart/fr...62&y=4
ABN.V
https://bigcharts.marketwatch.com/advchart/fr...p;state=10

