Gold stocks performed well during the first week of August. XAU is testing its July highs around 84.5. A successful break higher sets up a possible test of the 2002 highs near the 90 level: <A HREF="http://www.optionetics.com/articles/article_full.asp?idNo=8860" target="_new">http://www.optionetics.com/articles/article_full.asp?idNo=8860</A> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$xau,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!d20,2!f][vc60][iub14!la12,26,9!li10,10!lh5,5!lp14,3,3!ll14]> Gold Index Components 6 Month Charts - $GOX, ABX, AU, GLG, NEM, AEM: <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$gox,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!d20,2!f][vc60][iub14!la12,26,9!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=abx,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=au,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=glg,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=nem,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=aem,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]>