Sunday, February 01, 2009

Gold the Bull is Back! GLD, GDX, AUY, RMK.v, TNR.v,

Very strong Technical picture. Break Up from consolidation phase is confirmed by breaking low highs. Cup and handle formation has been resolved Upside, Gold is back into Bull mode above MA200, next Buy confirmation will be a Buy cross over MA50 over MA200. Slow STO is strong, MACD is positive, RSI is making a new high with recent high in price. Next fireworks will be in Silver and Juniors.
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