Are you a technical investor? If so, it may be time to consider AngloGold Ashanti Limited (AU) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for AU.
This trend may have already begun, as shares of AU have moved by higher by 20.1% in just the past month. Plus, AU has earned itself a Zacks Rank #1 (Strong Buy), so there is plenty of reason to believe that the run for AngloGold Ashanti has plenty of life left.
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