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troutisout - Thu, 21 Dec 06 :

Banjo,
From the WMAs above it will be good to see the gold 200day start to turn upwards, and soon after, to see it get a whack up the backside from the 50day, the price will have to be in double figures I reckon, but a golden cross forms earlier using WMAs rather than the standard SMAs which lag behind more. That means by the time the golden cross has formed a lot of the rise has taken place, using WMAs you can get the golden cross form earlier and take advantage.
DYOR though on charts,

Trout.


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