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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 383.12+0.8%Nov 26 4:00 PM EST

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To: Anchan who wrote (18397)4/26/2009 3:03:58 PM
From: Postman  Read Replies (1) of 29622
 
Point and Figure charts have an estimate of $55.00 for GDX-

P&F charts deal with price based on supply and demand and completely ignore any influence that time of day, month or year etc. has on any given market-

stockcharts.com

If you learn to read P&F charts they can clearly delineate strong points of supply and demand and that is where GDX is at right now-

Will it go up?
Sentiment seems pretty bullish on gold that is for sure-
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