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Gold/Mining/Energy : Rubicon Minerals -- Ignore unavailable to you. Want to Upgrade?


To: wolfgangrene who wrote (371)1/23/2014 11:10:36 AM
From: wolfgangrene  Respond to of 470
 
That post is now out the window.



To: wolfgangrene who wrote (371)1/23/2014 11:14:26 AM
From: Enigma  Read Replies (1) | Respond to of 470
 
You're sounding like Goldman!



To: wolfgangrene who wrote (371)1/25/2014 11:46:04 AM
From: wolfgangrene  Respond to of 470
 
enigma, RBY could retrace off this run without gold dropping under 1234.
My possible gold low target is 923.80, however, I think 1303.80 is more likely.13.03 would put us in a position over the 144 ma and up and out of the present downtrend channel.
I don't think we're going to see any body's none specific downside numbers of 600 or 800.
We've done a big double bottom with a MACD/ADX extreme pincher. A tiny DB on the last low.
IMHO, there is a distinct possibility of gold having already bottomed out.

Gold needs to climb the lines you can see here. The 144 ma is huge because it was what gold used as a precise supporting trendline from 2009 to the high. Holding over 144 ma means new highs, under means new lows.