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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 (30782)8/24/2011 10:54:54 AM
From: gold$10k  Read Replies (1) | Respond to of 48092
 
Not there yet IMO. Even the 1st substantial support would typically require

1. gold @ $1725

2. GLD hourly RSI <= 25

and it's too early with gold expirations tomorrow and Friday, BWDIK



To: rubbersoul who wrote (30782)8/25/2011 10:51:11 AM
From: gold$10k  Read Replies (2) | Respond to of 48092
 
1st substantial support would typically require

1. gold @ $1725

2. GLD hourly RSI <= 25

Targets have been met and exceeded. We should get at least a decent bounce after perhaps some more testing of the lows.


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