On http://stockcharts.com/h-sc/ui the charts are quite strong as to why:
1. On a weekly $GOLD chart, the POG has risen above the 50 day moving average (DMA)
At the same time
2. On a daily $GOLD chart, the 50 DMA has just crossed the 100 DMA line to the upside.
I feel these are bullish signs
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- Commodities
- GOLD
- 55 week moving average
55 week moving average, page-15
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