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Strategies & Market Trends : Longer-Term Market Trends

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From: morokko65	6/12/2008 2:32:05 PM
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Weekly XAU chart approaching interesting area: stockcharts.com FWIW: buying on spikes below the WEEKLY bollinger band have been lucrative for swing traders over the last 3 years and we are within stiking distance. It is not a reliable topping indicator, but weekly RSI readings near 70 or better have been good signals to clear out. I use some of the PM mutuals to swing trade these multi week/month moves. Individual miners are too maddening to trade for my style

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