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

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From: Wade6/25/2010 2:37:48 PM
1 Recommendation  Read Replies (2) of 48092
 
jsmineset.com

"This performance is not merely impressive (that is too mild of a word), it is stupendously rare! Again, at the risk of beating a dead horse, the technical action in gold is telling us that the character of the market has completely changed from the pattern that we have grown accustomed to seeing the past 9 years and has now taken on a life of its own. This is acting like a market that wants to go higher, considerably higher.

To do that however, it now needs to take out the $1,265 level and hold that level for at least a 24 hour period. If it does, it is on its way to $1,280 – $1,285 for starters."
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