SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: kacy_in_LA who wrote (9176)3/21/2005 12:45:28 PM
From: kacy_in_LA  Read Replies (2) | Respond to of 18308
 
At the risk of being morose, the 410-418 area on gold (not coincidentally around the 200 day ma) needs to hold on the correction this week or the multiyear uptrend will be broken and there could be a quick trip sub-400 to test the 375 area. A break of the uptrend would likely lead to significant selling in all the juniors as well, even those with potential news on the horizon, as it would not be unusual for the news to be ignored under these conditions. Capital preservation should now be the focus, IMHO.

stockcharts.com[m,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G