gold, page-67502

Not inclined to making predictions but my charts for various gold stocks are looking VERY interesting.
Of 25 stocks reviewed there is plenty to suggest a reversal is about to happen over the next 2 days on at least half the stocks.
A quarter are worth putting a bid on at the current price or a few % below.
4 are looking at trend bounces (most likely) or breaks.
I am going to take a punt on these lows.
ALK -70c
BGL - 53c
CDV - 33.5c
EVN - $3.70 to $3.92 (levels of support).
NCM - $26.24
OKU - 18.5 to 19c
PRU - $1
RMS - $1.10 (has a double top so risky).
SLR - current price.
If these levels get broken by more than 5 % or so then the gold stocks could be in for a lot more grief. Some trend damage will happen.
If most hold I will be comfortable waiting for a much higher POG.
A third appear to be in trouble. These I expect to fall 10% or more.
The Accumulation/Distribution charts for a quarter of the stocks are suggesting explosive moves higher, particularly for the stronger stocks.
These charts have spiked higher though prices have fallen. A few are in the list above.
Very few stocks have any chart issues that were not already there. Only one has broken short term trends.
In other words, it appears that stocks that have performed well should continue to do so in very short order.
This other thing this pull back has done is help set target prices for a number of stocks without generating new buy signals.
The stars appear to be aligning as often happens with these charts.