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s you can see in the blue rectangular boxes, the past two uplegs lasted approximately 8 months each and they both put in gains over 50% before correcting and consolidating. Both uplegs also started near the bottom of the trend channel and touched the top just briefly before finalizing their runs.

The current upleg by comparison has only been running for about 3 months and has only posted a gain of 26% from it starting point at $950. It has yet to reach the top line of the trend channel and this technical analysis suggests gold has room to advance another $100 before reaching the top of its current upleg. It is also worth noting that momentum indicators, although in overbought territory, are still pointing higher and have yet to reach the levels of previous tops.

weiterlesen http://www.theaureport.com/pub/na/3369
 
aus der Diskussion: SCOTGOLD RES. eine Mine mit Wachstumspotential?
Autor (Datum des Eintrages): TimLuca  (06.12.09 20:16:39)
Beitrag: 30 von 123 (ID:38517967)
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