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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: NOW who wrote (41380)3/4/2013 8:28:39 PM
From: Jim McMannis1 Recommendation  Read Replies (2) of 48092
 
That's why we use Technical Analysis. XAU (and HUI) still not LT oversold. Will take a down spike to 121 at this point. Otherwise it's a slow grind down.
Adjust your trading bands accordingly. Wait for your trigger indicators to give the buy signal. Your MA's will give you the change in trend.
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