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Monday, January 26, 2009

The Gold Prices Newsletter

The Gold Prices Newsletter

Yamana Gold Incorporated: On the come back trail!

Posted: 25 Jan 2009 03:08 PM PST

AUY Chart 26 Jan 09

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:
CAMBIOR INCORPORATED: 36% profit in 3 months!
Yamana Gold Incorporated: Declares July Dividend!
Yamana gets Meridian
Yamana Gold Incorporated: Going strong!
Yamana Gold Incorporated: BUY!

Also See:
Uranium Stocks news and information on profiting from uranium stocks, future outlook for uranium prices and more
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