Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Maybe by the grace of god

Maybe by the grace of god

posted on Apr 03, 2010 12:21PM

an abrupt increase in the POG will stop our slide. Many analysts are climbing on board or have been predicting this turn and it may even be the big one.

http://www.insiidetrack.com/

Gold & Silver Fulfill Downside Expectations;
March 22--26th Cycle Low Taking Hold...

03/27/10 Weekly Re-Lay:
"Gold & Silver spiked lower and fulfilled an ongoing cycle. A new advance could take hold at any time...Gold & Silver remain in a relatively wide trading range after fulfilling 3-6 month & 6-12 month upside targets in December 2009 (1200.0/GC & 1900.0/SI) and subsequently fulfilling most initial downside expectations, leading into early-February 2010. On an intermediate basis, Gold & Silver spiked lower this past week, fulfilling an 11--13 week low-high-low-low-low-low-low-low-low-low-low Cycle Sequence while holding at or above intermediate support and monthly support levels. Simultaneously, Gold created a 6.5 week low-low-low Cycle Progression - that also acts as an inverted head-and-shoulders pattern - and should spur a 6.5 week rally into early-May.

...The monthly trend pattern is turning bullish after Silver gave neutral signals and is about to re-enter the monthly uptrend while Gold pulled back to the monthly trend neutral point and held it. Both of these patterns argue for a retest of the December highs... in the coming months...From an Elliott Wave perspective, this '4th' wave correction tested and held the high of the '1' wave rally as well. All these factors indicate the end of a correction and the onset of a new rally in the coming week. [See March 27, 2010 Weekly Re-Lay for 3 corresponding trading strategies.]."

Share
New Message
Please login to post a reply