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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets. -- Ignore unavailable to you. Want to Upgrade?

To: Robov who wrote (1627)	3/24/2014 4:21:40 PM
From: The1Stockman	Respond to of 1954

I agree Rob, a drop below both the $1,300, which is a very important technical level all in itself would be very very bearish and if the mid $1,280 falls, ... we are looking at a pretty rough summer ahead of us. Technically, we have broken down hard, .. and the Mid to Lower $1,400s is history at this point. Now that the markets are closed here in the U.S, ... and gold closed below the 50-day EMA in regular trading hours, ... closing at $1,309 and change, ... the SMA is next in-line, ... lets see if the 50 and the 200-day are able to support it. I got stopped out of my MUX by the way with a 1¢ loss on 5-k shares, ... I will try again if/when in the $2.50s, where it has an intersection ($2.545) and an open pivot at ($2.485). MUX pivot for today is at $2.755. Here is golds SMA, the 50/200-day is now the play, unless of course news or an event detours its direction overnight. Tomorrows pivot for today is at $1,321.15.