[isatrader]

Hi everyone,

I'm looking to invest in canadian gold in the next few days (bullish sector according to XGD).

What's everyone's thoughts on YRI and BTO?

According to what I've read so far in Stan's book, the indicators are screaming to "buy". But I'm not sure, first time using this method so I'd appreciate if someone more experienced could share their thoughts.

I've looked at the WMA(150), the Mansfield Relative Strength, and the MACD.

Thanks in advance.

Gold priced in Canadian dollars might be breaking out. But from looking at the charts, YRI.TO is in Stage 4 and BTO.TO is in Stage 1, so I'm not sure why you think they are such good charts, when there is a lot of others in the sector in better positions? Check your charts against the requirements in the Stage Analysis Breakout Quality Checklist thread, as that will help you.