Replies to post #8881 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

*HUI finished slightly higher Thursday on a mini-hammer forming, however this may have been due to nothing more then light volume in the gold equities and the fact that the RSI(14) 50 level was being defended as well as broader market strength in which gold equities lagged behind...

Keep in mind the HUI is still entrenched below key moving averages... besides being well below the 200 day SMA (208.83), the HUI also currently sits just below the 10 & 50 day SMA's, as shown on the chart...

[PENNYPRINCE 1]

FA I see what you mean nice chart. I also see the gold stocks and it sure seems like they have higher to go.

[basserdan]

*** $GOLD in Euro-land looks to have hit technical resistance at $347/ounce...
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Hi fi,
You should look again....
Was as hi as $353 earlier today!