TSX:LSG.DB - Post by User
Post by
tele8on May 05, 2011 9:41am
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Post# 18533604
On the gold front....................
On the gold front....................from simplyprofits, wed.evening. May4
Gold stocks dropped lower but closed higher todayresulting in a reversal and a potential bottom.
Both GDX and XGD.TO are nownear the 200ema where previous up legs began.
A follow thru and higherday on Thursday will confirm today as pivot low and support, and aggressivetraders can jump back in if risks are manageable.