gold bulls ready to resume charge, page-7

Only started looking at this today....Bit interested in options trading, call at that....$3.50

On weekly chart TA's look good, moving averages all up apart from 100sma, just into golden cross (50 over 200). Stochastic however is heading towards a top, but MACD and RS both okay.....

Bit hard to make a prediction however given current overall market sentiment which I think does affect buying intentions in all stocks. Any rise therefore may be tempered, unless there is a real breakout in POG. Currently I think that $1050 USD is the new support level as was 950 before recent rise, China is the driver now and a disconnect is occuring in the linkage of gold to the value of USD.

I haven't done any reading on LGL yet....reports etc.

Any thoughts please!

Cheers