The Gold Prices Newsletter |
Yamana Gold Incorporated: On the come back trail! Posted: 25 Jan 2009 03:08 PM PST Chart courtesy of StockCharts.com Note the MACD crossover signalling a trend reversal for the stock price in November 2008. Also note that the MACD is setting up again for another possible crossover, although from a higher level, which suggests that there is not that much room for further progress. However, should gold continue to rally then Yamana Gold should do well. It is also good to see that it is consolidating above the 50dma (more…) Related on Gold Prices: Also See: |
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