TYHEE GOLD CORP

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posted on Dec 14, 2009 07:42PM

Gold flashed sell signals right around December 4 when momentum indicators like MACD crossed on a daily chart, in addition to being over bought (RSI). I think it's worth noting that gold is extremely difficult to even swing trade, and if history has taught us nothing else, it's that gold can shake even the strongest bulls out of their investment if all they follow is technical indicators. Count me in that camp- I've learned my lesson and will hold my physical until the economic conditions like rising interest rates suggest I should do otherwise.

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