OGD oceana gold limited

any thoughts on this one short term, page-6

  1. Stockmaster69
    1,331 Posts.
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    12/06/05
    07:35
    Post #: 944891
    re: any thoughts on this one short term ...what sp OGD's volume is very encouraging. Is the downtrend over? Lets hope so.

    Gold

    New York: Spot gold has started an intermediate up-trend, rallying to $426.90 on Friday. Expect a test of resistance at the April high of $435.70. Failure to breach this would be a bearish sign; confirmed if the metal then falls below support at $415.

    $415 is at the base of a large (6-month) triangle; while the primary trend will reverse downward if price falls below support at the February low of $410.

    Source: Collin Twiggs
    OGD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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