Replies to post #753 on Goldstone Resources fka GRC

[NYBob]

It is late enough in the daily cycle that we have a short
term correction coming due soon. It's probably more likely
that gold breaks out, then re-tests the breakout level at $1250 -


by Toby Connor

dd....
http://www.grcmines.com/

[NYBob]

Goldbugs Welcome to Goldstone Resources Inc. -

$GOLD Index -


$GOLD - Weekly

0815: RSI has bounced up from just above 50.

0718: MACD has made a bearish cross.

0704: $GOLD has re-entered its long-term channel, suggesting that the breakout to new highs was a fakeout. RSI's negative divergence continues.

0620: $GOLD has reached and is now exceeding its long-term Fibonacci target of about $1,250, based on the drop from $1,033.90 to $681 in 2008.

0521: RSI repelled just above 70. Negative divergence suggests medium-term top.


by Jesse

http://investorshub.advfn.com/boards/board.aspx?board_id=1499
God Bless