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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (15043)7/3/2006 12:46:56 PM
From: SwampDogg  Read Replies (1) of 78424
 
Either this is close to a high or we will get a new one
Impossible to say. Trend is up but volume is not there on stocks due to the holiday. Best way to deal with this market is to draw a simple TL and sell on the break.

This is the wild card. TA breakout measures to $85 but the top of the weekly channel is much higher ($100 range).
May have a spike in the coming weeks and gold may follow.

stockcharts.com

Any spike in oil would signal the end of this phase of the energy bull IMO. PMs would have a couple of more years after that.
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