TSXV:CSG.H - Post by User
Post by
krazyon Jan 25, 2009 5:37pm
715 Views
Post# 15727604
*Gold looks good again short term....
*Gold looks good again short term....
and here's the chart to prove it...
https://www.stockedonta.com/charts/commodities/gold.aspx
<< The Macd is looking better now with positive divergence. With more strength in the USD, Gold could correct further before rising some more. The price is now trading over the 200Day mov avg line. The new strong resistance point is now $915 area - this is shown by the Red dotted line on the chart. A new support line is also shown on the chart starting at the last recent low Gold made... this line has to hold or we will see the price fall once again. >>