Today's Technical View: IAMGOLD, Gold Fields and NovaGold Resources

LONDON, July 10, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Gold prices settled higher on Tuesday, July 9, 2013, as strong physical demand and higher hedging appeal of the metal following the latest inflation data from China, helped spot gold prices to score a weekly high of $1,260.01 an ounce. U.S gold futures climbed $11.00 to settle at $1,245.90 an ounce. However, the near term gold prices are expected to remain under pressure due to continued liquidation in bullion-backed exchange traded funds. On Tuesday, July 9, 2013, shares in gold mining companies ended mostly in the green, tracking gains in the broader market. The major movers in the industry included IAMGOLD Corp. (USA) (NYSE: IAG), Gold Fields Limited (ADR) (NYSE: GFI), and NovaGold Resources Inc. (USA) (AMEX: NG). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on IAG, GFI, NG, and JAGGF are currently available upon sign up at:

http://www.aaaresearchreports.com/register/  

Shares in IAMGOLD Corp. edged higher on Tuesday, reversing some of their recent losses. The company's shares oscillated between $3.92 and $4.04 before finishing the day at $3.95, up 0.77%. A total of 3.98 million shares were traded which is below the daily average volume of 7.04 million. The stock has declined 1.99% in the last three trading sessions and 41.22% in the last three months. Additionally, the stock is trading below its 50-day and 200-day moving averages. Sign up for free technical analysis on IAG at:

http://www.AAAResearchReports.com/IAG071013.pdf

Gold Fields Ltd's stock rose sharply on Tuesday, tracking gains in the broader market. The company's shares ended the day 1.47% higher at $4.84 after fluctuating between $4.82 and $5.01. A total of 3.51 million shares were traded which is below the daily average volume of 4.72 million. The stock has fallen 1.22% in the last three trading sessions and 36.57% in the last three months. Besides, the stock is trading below its 50-day and 200-day moving averages. Download free report on GFI by registering at:

http://www.AAAResearchReports.com/GFI071013.pdf

Shares in NovaGold Resources Inc. fluctuated between $1.98 and $2.05 before finishing the day flat at $1.99. A total of 1.22 million shares were traded which is below the daily average volume of 1.88 million. The company's shares have fallen 4.33% in the last three trading sessions and 59.30% in the last six months. Besides, the stock is trading below their 50-day and 200-day moving averages. The free report on NG can be downloaded by signing up now at:

http://www.AAAResearchReports.com/NG071013.pdf

----

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE AAA Research Reports

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED