general commentsThe ongoing rally in gold price should move most...

general comments

The ongoing rally in gold price should move most of the goldies today.
There were strong moves in US gold stocks last night.


chart analysis

The OGD chart shows an ascending triangle pattern, which significantly is forming around the 100 day EMA. The zone around the 100 day EMA can often be the place
Where significant moves up or down occur.

Once the break of the triangle pattern happens at .715, there could be some resistance and consolidation in the mid 70’s, possibly followed by a significant re rating of the OGD price and a move up towards the .90 level.