XAU – Gold Stocks Test Long Term Support 072308
Filed under: Stock Sector - 23 Jul 2008
The XAU is testing the long term supporting trendline from August ’07. I’m looking to go long AEM if I get a buy signal, and XAU holds the 178 area. Ideally, I’d like to see the XAU lose that trendline support, and recapture it by day’s end.
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