ARTICLE SYNOPSIS...On October 29, 2002, I wrote the article "Anyone for Gold?" In it, I used a triangle formation to help determine not only a target price, but a time target as well. Here's a look at what has happened since.
ARTICLE SYNOPSIS...Down by 40% in little more than six months, the ARCA gold bugs index is now in the vicinity of two important support areas.
ARTICLE SYNOPSIS...After jumping more than 100% since making the major October 2008 low, the Gold Bugs Index has spent several months in a bullish consolidation pattern.
ARTICLE SYNOPSIS...The December decline in the Amex Gold Bugs Index hit support and recent firmness could foreshadow a break higher.