Australian banks Australian LNG Australian Shares Commodities Gold Iron ore price

Hillary debate win hits Big Gold

Wednesday, 28 September 2016

Big Iron is running on the spot at the moment with BHP -0.7%, RIO -0.3% and FMG 1.4% as Dalian is up 1% today:

BHP is still fighting to break through its bullish ascending triangle pattern and FMG may be forming a mighty double-top but neither is confirmed.

Big Gas is weak with WP -0.2%, OSH -0.3%, ORG -1.4% and STO slipping towards new lows at -1.5%:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.