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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 422.23

+1.9%

Jan 12 4:00 PM EST

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From: gold$10k	4/14/2008 4:10:28 PM
	Read Replies (4) of 29622

MACD on the XAU daily, hourly, and 15 minute charts would all support a rally beginning as early as tomorrow. Whether it actually happens or not is another question. Meanwhile, I see many juniors completing double bottoms and trading in a range near their lows. That kind of pattern is also supportive of a major rally, but I am not yet feeling the wind at my back. Much as I have tried to resist adding, my cash is down to 18.5% with my PF spread over 28 companies.

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