Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Sunday, April 01, 2007

Technical Target: $800 Gold

I use technical analysis a lot. At the same time, I know that it makes some people's eyes glaze over. So I'll let Alf Field explain why he thinks there are strong technical signals that gold could surge to $800 per ounce. You can read his analysis by CLICKING HERE

And here is his chart ...

$800 gold? That sounds worthy of an appearance by the Rally Monkey to me!

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