Is it time to nibble at some ASX Gold stocks as Aussie Gold price lifts

Commodity Review

XAUAUD – Gold in Aussie Dollars

Gold had a very big night in the US session as did Gold in Aussie Dollars terms. We see the potential now for some action in the Gold stocks as the sector, sown in the chart below, is in a good zone to hold a higher low. We are now watching some of the GOLD stocks for high probability setups.

 

Index Code : XAUAUD – Gold in Aussie Dollars

Current Price : 1716.43

 

XAUAUD

 

XGD – Gold Sub Index