Zooming Out On This Gold Mining Share

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Published Saturday 11 July, for the week commencing Monday 13 July.

AngloGold Ashanti Plc (ANG):

This chart zooms out to 2003, which gives you an ultra long term view. Of significance here is the test of the upper boundary of the upward trending channel which has been followed by a shift back into the channel. Bottom Line: When you zoom out, you'll note there's room for lower levels on the higher/long term time frames.

Lester Davids

Senior Investment Analyst: Unum Capital