Allied Nevada Gold Corp ANV

RE:RE:RE:Gold next stop

[granafirme]

one more thing to note Goldguy is that (not in ur chart) but if u throw in BB bands Macd and Stoch RSI u will find the coincidence(lets call it that way) Of the prelude of the long bull run decade. As u mentioned and I agree We have a major bearish and long candlestick on the weekly chart so far. No signal of a bottom has been pronounced yet, even though the weekly chart entered oversold area. It absolutely does not mean that we cannot get a rebound next week. As for " longs Capitulation" , I also do not see that yet from their end. this latest rout definitely took out the major portion of weak longs. Not to mention silver ... but yet again the game goes both ways... at some point they will definitely unwind their positions. thks to GS ,Barclays and all the bandits ...lol. P.s I am just holding oil as I said and planning to enter a long play in gold . ANV will take off also. ur right about relative POG for ANV. cheers and again GL