Thursday, March 24, 2011

Gold moving up again?

Gold Daily Chart

  • Looks like gold could be continuing it's run to the north side. Watch for a breakout above I'm not going to hop on this train, as I believe it could be grinding to a halt in the near future. The easy money has already been made.
  • I will look at some gold miners though. Minefinders Corp. (MFN) and IAMGOLD (IAG) are my favorites at the moment, also Richmont Mines (RIC). These could see big jumps off of good basing patterns if gold breaks to a new high once again above $1,440.44/oz.

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