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

To: Wade who wrote (45580)	7/11/2013 10:32:47 AM
From: Jim McMannis	Read Replies (3) \| Respond to of 48092

XAU 90 would appear to be the upper resistance of the current flatline.

To: Wade who wrote (45580)	7/11/2013 1:38:38 PM
From: Wade	Respond to of 48092

Dan Norcini: traderdannorcini.blogspot.com "Back to gold - from a technical perspective, it finally cleared overhead resistance on the chart (see above) as the move occurred in relatively thin trading conditions allowing the market to experience only light selling pressure as stops were run. You can see that there are now two levels of chart resistance that need to fall for the metal to get a little more upside excitement. The first is near $1290 which is basically what has stopped this evening's progress. The second is psychological round number resistance at $1300. The latter will be a BIGGIE. If it goes, you will see some more sharp short covering and a good shot at $1350 and a solid end to the short term downtrend."