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The Lyceum - searching for eudaimonia

NCM and LGL again

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These two are leading gold up now and look close to breaking significant long term resistance at $26.50 and $2.75 ish respectively.

They might be the only real opportunity for long positions over the coming months.


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  1. kennas's Avatar
    After golds recovery and approach to breaking downtrend line these guys might get close to breaking positively through today, but I think gold needs to be breaking $930 ish for that to occur.

  2. kennas's Avatar
    Glad I'm still watching. Gold is in the dog house again..
  3. kennas's Avatar
    Well, gold still languishing but NCM once again pushing horizontal resistance at $26 ish and a strong down trend channel. If it holds up EOD will be consider a trade, on potential break up, but may wait to see if it can use the same line as support first.
  4. kennas's Avatar
    Decided that the strength of todays push breaking up from a short term pennant through resistance might hold.

    Ready to sell if it fails, or add more if the break continues.


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