Agoracom: Small Cap Investment - Golden Band Resources - Re: Charts & Comments

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Saskatchewan's SECRET Gold Mining Development.

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Fran Six

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Re: Charts & Comments - $Gold Weekly

in response to

Charts & Comments

Fran Six

posted on Oct 04, 2014 10:35AM

$Gold Weekly

I think you can draw an analogy between the present bull flag formation and the previous one formed after a major price correction. The previous bull flag did not require a retest of the flag bottom before continuing upwards. The RSI is oversold on a weekly basis.

http://scharts.co/1vwVyGL

$Gold:$Silver Weekly

Inverse correlation with the gold silver ratio and GBN.V share prices suggest that a buying opportunity is coming.