With this long-running gold rally still firmly in place, here's a few related stocks that are capitalizing on it (just look at these strong 1-year charts):

AEM
http://bigcharts.marketwatch.com/qui...time=8&x=0&y=0




ABX
http://bigcharts.marketwatch.com/qui...time=8&x=0&y=0



GG
http://bigcharts.marketwatch.com/qui...time=8&x=0&y=0



KGC:
http://bigcharts.marketwatch.com/qui...time=8&x=0&y=0



And in the news:
http://www.marketwatch.com/news/story/golds-fabulous-february/story.aspx?guid=%7BF89A3F37%2D0273%2D4C12%2DAC25%2 D74FB843905BE%7D

Anybody trading gold-related stocks, or gold itself?

True Story: Personally I have collected many gold doubloons back in the late 90s (8 escudo etc) simply because I liked them, and I also like sovereigns, unites and other gold coins... they've multiplied in value for me, so that's neat. I'm still holding on to them.

I've bought many from the guy who runs this site and sells on ebay:
http://www.historyincoins.com
http://www.bottles.freeserve.co.uk/a...gold-coins.htm
It's a fascinating site, with lots of history and notes about various old coins, for those who are fellow numismatic hobbyists.
(side note: in addition to gold doubloons, my favorite coin is the Elizabeth 6d/sixpence, from the late 1500s, I have many of them).


Who else has "gold fever", or has been trading gold related stocks etc?


Ken

Ken :

I like GLD ..............

Thanks, rjm... Great chart... though not a company (an ETF), it's still certainly a great trading instrument.. here's the chart:

http://bigcharts.marketwatch.com/qui...mb=gld&x=0&y=0
streetTRACKS Gold Shares ETF:





Thanks for the ticker - nice volatility in it lately. It'll be interesting too, to see when gold-related stocks slow down/consolidate/pivot, as well. One technique I found helpful is to identify the pivot entries for each stock I'm trading, on both intraday and swing/position charts ahead of time, so I'm ready for entries before they get there.


Ken

I think that if gold continues its rally, it may very well overshoot $1,000 somewhat before we see a pullback or consolidation...until then, I think any of these gold stocks/ETF could continue in their push upwards (with possible minor pullbacks/consolidations on the way)...if gold can hold above $1,000, look for continuations to the upside...gold will also likely continue on its upward path until the major market indices push upward through their respective overhead major resistance levels...I don't see that happening in the near term...too much negative news about...So, I say stay on the long side until we see a proper break of the strong uptrend...(but don't "bet the farm" on any one trade! or be overinvested in the gold sector...pick your entries and timings carefully...)

Yea gold has seen lots of volatilizes this year. The price has reached its target level at the median pitchfork twice.
It is far below the MA lines that give us the continual down trend.
However, MACD has formed double convergence which is a strong signal of possible markets reverse.
I think if price continues going down and settles below the support at 866.44, its target level will be at 857.25 and then the lower pitchfork line at about 851.60 and if price goes up and settles above the resistance at 874.25, it may come up higher to test the resistance at 886.57.
Movement:
- Short-term down, possible reverse
Resistance:
- 874.25
- 886.57
- 901.45
Support:
- 866.44
- 857.25
- 845.55