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Post# of 44382
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123tom

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123tom

Re: JohnCM post# 14627

Saturday, 10/25/2014 2:58:26 PM

Saturday, October 25, 2014 2:58:26 PM

Post# of 44382
I wish you good luck, JCM,

Miners might rally again. But spot gold looks like its pointing down some more still. I would be looking to see a retest of the 1215-1205 area for gold, and IF it bounces there, maybe miners will bottom and bounce.
But it feels like gambling now to me.

http://stockcharts.com/c-sc/sc?s=$GOLD&p=W&yr=1&mn=5&dy=0&i=p62655276820&r=1414263924094

http://stockcharts.com/c-sc/sc?s=$GOLD&p=W&yr=0&mn=10&dy=0&i=p47737162528&r=1414264234291

Big resistance at 1278 area with the 50 and 20 ma

daily chart

http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=0&mn=5&dy=0&i=p18833574469&r=1414264017522

and this view


http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=0&mn=3&dy=0&i=t52435654058&r=1414264082889
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