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Royal Gold, Inc. Message Board

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  • whitesands_8 whitesands_8 Mar 11, 2009 3:45 PM Flag

    Should be a big week

    The week is not over yet so you still may be correct and time will tell...Don't stress over it...Looks like we did a little retest of the $890 level..It may not be exactly this week or that week but it looks like we are on the verge of a huge move which will come from a strong base that appears to be building which is what you may be noticing...

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    • Thanks for the encouragement. Gold MUST stay above $890. If it moves below that, the correction will deepen. Today was a first step toward breaking higher. Next level of importance is $914. If gold can get over that and stay over that level it will be bullish. Keep in mind that although RGLD has been building a strong base, if gold does not cooperate and move higher, neither will RGLD.

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