Mar 20, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions

Short-Term Top Forming For Gold And Gold Stocks

Posted: 20 Mar 2010 07:01 AM PDT

In the March 5th commentary, we’ve summarized that signals coming from the analysis of the PM stocks’ charts currently don’t give us very precise signals, which may mean that they are to trade sideways for some time instead of making a sharp move in any direction, but there are other signals (…) that we may be near a local top.

Since that time PM stocks managed to correct and rally once again (almost touching the 200-day moving average), and we believe you might appreciate an … [visit site to read more]


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