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


To: gold$10k who wrote (12138)2/22/2008 11:05:44 AM
From: jimsioi  Respond to of 29622
 
I see that pull back to the breakout point - buying...

Added some GDX

stockcharts.com

If oil can come about and finish well it ought to bring gold and the miners with it...

Dollar off 4 ticks....looks like a quiet weaker day generally.



To: gold$10k who wrote (12138)2/22/2008 4:21:50 PM
From: gold$10k  Read Replies (1) | Respond to of 29622
 
Strong buying of ALL stocks into the close. XAU could see another dip to a similar level if they try to shake out the rubes on Monday morning, but even that typical formality may not be observed. Juniors are continuing to show more strength.



To: gold$10k who wrote (12138)2/22/2008 4:59:18 PM
From: rubbersoul  Read Replies (1) | Respond to of 29622
 
Hamilton on the HUI:

Today's 8th major upleg is really exciting because its technical structure to this point matches past massive uplegs very well. Thus it will almost certainly prove to be massive too. And if this is the case, we ought to see at least as big of advance heading into May as we've already witnessed since August. But given gold's extraordinary strength, the coming gains as the HUI starts reflecting it could be much larger.

321gold.com