TYHEE GOLD CORP

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Message: It's hard to be happy about a $40 slap to the price of gold, . . .

for what it's worth, the 200 day moving average support is at about $1257. It's hard to see the price of gold crashing below the 200 dma, but if it does the 400 day moving average is about $1200.

This is what I'm looking at: https://www.tradingview.com/x/S5M9KVzG/.

It wouldn't be the first time that gold went back to touch the 200 dma before launching upwards again. See, e.g., Q4 of 2001, Q2 of 2003, Q2-Q3 of 2004, and Q2-Q3 of 2005. The early years of the gold bull felt like a gauntlet of rough slaps.

Hang in there.

Old School

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