Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: LLCF who wrote (63415)	2/12/2009 7:45:47 AM
From: VisionsOfSugarplums	Read Replies (1) of 78419

Agreed. I think some of the large caps (AEM,NEM,GG,KGC) have moved enough off bottom that now is the time for breakout thru resistance or a bit of consolidation to digest gains. Plus some more rotation to smaller caps. Worst case, if these are inverse head and shoulders, retrace to neckline - this is not my preferred given gold strength but keeping it in mind and I am no great chartist. Also for consideration is the G7 meeting this weekend. That being said, there's enough going on with currencies, geopolitics, etc., that I could see gold breaking out. Lots of currents in the markets...

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