Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (11818)	11/24/2009 9:23:34 PM
From: TheSlowLane	1 Recommendation Read Replies (2) of 48092

Gold Can Impale Bears With a Leap Past $1174 "It is on the weekly and monthly charts that we can find patterns of greater degree than the one that has just played on the daily chart. Looking at the longer time frames, while we don’t see any price patterns as clear and compelling as the one that provided safe passage to 1174.00, there is one at 1337.20 that will do in a pinch. It comes from the weekly chart and begins with an obscure low at 417.10 that was recorded in June 2005. Barring any serious technical setbacks, that is where we shall infer Comex Gold is headed if the lesser resistance at 1174.90 gets shredded and left in the dust." kitco.com POG = 1174.20

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