I know gold got turned away at it's 50dma and PDG got turned away at the top of its rising wedge, but using PDG as a guide, Gold could run to 404, which is the top of its rising wedge, before heading down to the bottom of the wedge. The sentiment seems to be so negative on gold (it got me to sell my PDG on its Wednesday breakout) that I think we can go higher.
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$gold,uu[h,a]daclyyay[pb50!b200][vc60][iub14!la12,26,9]&r=7944.gifhttp://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=pdg,uu[h,a]daclyyay[pb50!b200][vc60][iub!la12,26,9]&r=7527.gif
"I want to take you higher"
Started by
no_mind
, Jun 20 2004 07:19 PM
No replies to this topic
#1
no_mind
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![http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$gold,uu[h,a]daclyyay[pb50!b200][vc60][iub14!la12,26,9]&r=7944.gifhttp://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=pdg,uu[h,a]daclyyay[pb50!b200][vc60][iub!la12,26,9]&r=7527.gif](http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$gold,uu[h,a%5Ddaclyyay[pb50!b200%5D[vc60%5D[iub14!la12,26,9%5D&r=7944.gifhttp://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=pdg,uu[h,a%5Ddaclyyay[pb50!b200%5D[vc60%5D[iub!la12,26,9%5D&r=7527.gif){kind=link}