19.12.2011 - Gold bull market still intact - technical analysis
With what is happening with the price of gold these past few days it is imperative to take a look at the long and short of it all (the trends, that is). In doing so it shows that we are still very much in a long-term bull market but in a short-term (yes, short-term) bear market. Let's take a look at some charts that clearly outline where we are at and where we could well be going. No discussion about gold would be complete without taking a look at the performance of the HUI index which consists primarily of large and mid-cap gold producers. As the graph shows below it is struggling terribly underperforming equities in general and gold by a wide margin...............................................Full Article: Source
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