Caledonia Mining Corporation (CMCL)

[NYBob]

Gold trades above 100-MA -
Thu, Mar 26 2015, 08:13 GMT | FXStreet

FXStreet (Mumbai) - Gold prices extended gains to trade above the 100-MA
currently located at USD 1214.97 as the US dollar weakened across the board,
while the European equities weakened.

Gold gains as European markets fall -



The yellow metal saw a fresh wave of buying as the major European indices
opened sharply lower.
The Germany’s Dax is down 1.66%, while the London’s Ftse is down 0.30%.

The sharp weakness in the equity markets has pushed
the safe haven metal higher.

Meanwhile, the US dollar is also being sold across the board, which
further bolstered Gold.

Gold Technical Levels

At the moment, the metal is trading at USD 1217.3/Oz.
The immediate support is seen at 1209.18 (50-DMA) and 1200.00 levels.
On the other hand, resistance is seen at 1222.79 (200-DMA) and
1229 (Feb. 16 high) -

We believe gold can rise to at least $1307, and

more likely to $1425, just as this

C wave advance really gets underway!

We are long 13 COMEX long positions -

investorshub.advfn.com/boards/read_msg.aspx?message_id=112029851

CALVF - Africa's lowest cost gold producer -
doing very well -
Ex.
CALVF - NO DEBT - CASH >$28 million in London banks -
CALVF - Paying 8% Dividend -
CALVF - Gold produced @ $599/oz -
CALVF - Sold 51% of Blanket Mines for >$30 million -
- to mine workers and their community etc. -
CALVF - collecting 10% on the >$30 mil. to payed in full -
CALVF - Managing the Blanket Gold Mines -

http://www.caledoniamining.com/pdfs/Q3%202014%20Results.pdf

http://www.caledoniamining.com/index.php/operations/blanket-gold-mine

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111378846

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110308416



Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm
God Bless