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


To: Paxb2u who wrote (30925)8/29/2011 6:55:06 PM
From: gold$10k1 Recommendation  Read Replies (2) | Respond to of 48092
 
There are many possibilities, which is why I didn't specify. The 20 week moving average (Bollinger Band midpoint on the weekly chart) works pretty well.

stockcharts.com

or the uptrend line could be used... even the recent steeper one shown.

Notice what has happened each time gold has surged more than $200 above its uptrend line.

Here is another perspective based on the idea of "return to the point of the breakout", which is very common.

safehaven.com