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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (16743)7/21/2006 6:12:22 PM
From: koan  Respond to of 78419
 
Hard for me to see how gold can get smacked very badly given the turmoil in the mideast?

But then I would have guessed gold would have risen throughout this conflict.



To: SwampDogg who wrote (16743)7/21/2006 6:14:47 PM
From: Broken_Clock  Read Replies (1) | Respond to of 78419
 
swamp
My interpretation shows a double bottom in NEM in the $47 area. You're right thought. A close at sub 47 and there will be serious selling in the PMs.



Looking further back at the weekly shows very strong support at the 46-47 area. Note the 200 week MA is also at 46 and change. Perfect storm or perfect bounce?


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