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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (1660)4/28/2004 10:06:57 AM
From: macavity  Respond to of 29622
 
Gold - my 0.02 ozs.

Taking my queue from the indices - $HUI/$XAU/$GOX:
Quarterly Charts are all negative.
55wk Emas are no longer upward sloping.
Monthly MACD/PPO-Histo is bear.

Conclusion:
Until we see a new high in all indices and the metals, we have just witnessed a CYCLICAL top.

In short we should look for intermediate o/bt conditions as opportunities to go short.

For now we are at a mixed point.
The Intermediate timeframe is now o/sold.
We can use a turn up (here) in weekly charts as an opportunity to go long; but unless we see new highs on the next rally up then the bull-market from 2000/2001 is now over.
The SECULAR one is still in force while:
Yearly charts are positive.
55M ema slopes up.
Quarterly MACD-Histo is BULL.

It seems that the Precther point - $AU=415/430 - has proved decisive.

Inflation, my foot!
This is not good news for the stock market.
I believe that Deflation has just reared its ugly head again.

-macavity



To: Andrew who wrote (1660)4/28/2004 11:25:21 AM
From: bigbuk  Read Replies (1) | Respond to of 29622
 
hell all parties come ot end
but gold --- highly unlikely she over yet
for al us that started in july 2001 buying gold and taken some very lucrative profits you know it sweet

once mom and pop realize that tech sucks where the money gonna go?
dow nthe drain like in 2000 to 2003 ?
or into GOLD ?
OIL ?

PHUCK bush--- and mr greensnot tooo



To: Andrew who wrote (1660)4/28/2004 1:05:06 PM
From: Rocket Red  Read Replies (1) | Respond to of 29622
 
GOLD TIMBER GOING DOWN



To: Andrew who wrote (1660)4/28/2004 11:49:01 PM
From: Wade  Respond to of 29622
 
Both GG and NEM are sitting on their support lines. Not sure how meaningful these two lines represent.