best performers gold stock for week august 20 2011

best performers gold stock for week august 20 2011 ; The following stocks were among the best performers gold stock for the week august 20 2011 ;



Shares of Randgold Resources Ltd (GOLD) had a total return gain of 9.17% for the week and are currently trading at $109.99. In the past year, the shares have traded as low as $70.00 and as high as $107.44. On average, 787580 shares of GOLD exchange hands on a given day and today's volume is recorded at 1446011. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $87.80 area where the stock will likely see buying pressure.





Shares of New Gold, Inc (NGD) had a total return gain of 9.0% for the week and are currently trading at $12.47. In the past year, the shares have traded as low as $5.42 and as high as $12.60. On average, 3274860 shares of NGD exchange hands on a given day and today's volume is recorded at 4453483. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $10.51 area where the stock will likely see buying pressure.



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