Replies to post #5328 on Northgate Minerals Corp (NXG)

[NYBob]

Gold is back on the move to the upside
this morning spurred by solid speculative interest
from India in overseas trading.

Gold has recouped all of yesterday's modest losses
and has put resistance at $766.60/$770.00 back
under pressure.

While gold has backed off the highs in recent trading,
further attacks on the upside are considered likely.

A break of $766.60/$770.00 would clear the way
for probes above $800.00 and ultimately a retest
of the all time high at $875.00.

India is the largest buyer of physical gold in the world
and they viewed Wednesday's limited setback,
the first in more than a week, as a buying opportunity.

Indian traders are pretty savvy as a general rule
and the fact that they bought a $3.00 correction fairly
aggressively is suggestive of a rather bullish outlook -

Gold LT doing good but NXG LT doing better -



Got Northgate NGX/NXG Gold bargain for fiatz$peanuts -



Well, what better Gold mine treasure can you find? -
Imo. Tia.
God Bless
the Mission is to help U to see the top T -

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