AUY - 12.16 Resistance Price. Reaching 12.52 is still a possibility IF XAU/USD breaks 1382 resistance. (S&P500 bounce off 1635 headed to resistance 1664 - if not broken then AUY will keep going north.
Implied Volatility is 51.01% - room to move for a Long position.
Number of shares shored in GOLD: 3,836,006
Alpha 0.05; Beta (0.06); Expected Return (1%); Estimated Market Risk 54%
Competition GG, ABX, NEM, KGC, EGO, AU, AEM all up
Implied Volatility is 51.01% - room to move for a Long position.
Number of shares shored in GOLD: 3,836,006
Alpha 0.05; Beta (0.06); Expected Return (1%); Estimated Market Risk 54%
Competition GG, ABX, NEM, KGC, EGO, AU, AEM all up