Technical Analysis With Charts Message Board

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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	12/17/2006 1:00:31 PM
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Gold and gold stocks on Sale NOW stockcharts.com stockcharts.com stockcharts.com This weekend my focus has been on the large volume in the last hour of trading friday in the gold sector. I am viewing this as bullish as the charts show. Low risk traders are there on every chart. Althought fridays drop in price was significant it was only movement inside of a channel in most cases and in the case of SLV the support lines of the andrews pitch forks were not violated. The volume on friday came in the last hour and this is the professional hour when volume movement matters, I view this as bullish for the gold sector, Can you say Santa Rally in the gold sector.

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