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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (19175)6/1/2010 9:27:57 PM
From: rubbersoul  Read Replies (1) | Respond to of 48092
 
Gold on the other hand looks promising on the RSI and MACD. Notice the uptrend line on both indicators since February (you'll have to visualize, lol):

stockcharts.com

My main question is, was last week the bottom? Also, will gold and gold stocks retrace here, perhaps 50% of the recent move from the recent low?

The GLD chart still looks like it's got room to go:

stockcharts.com