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<p>[QUOTE=&quot;GoldFinger1969, post: 26453400, member: 73489&quot;]<b>A good TA guy from BTIG was saying on CNBC today that gold was 26% above the 200 DMA.....</b>has usually triggered corrections at that overbought level....his data goes back a few decades, I think the only time the 200 DMA was more stretched would be 1979-80 so net-net...<b><span style="color: #ff0000">excercise CAUTION.</span></b></p><p><b><span style="color: #ff0000"><br /></span></b></p><p><span style="color: #000000">Longer-term, he still says more upside so buy any dip/correction....IF we get it.&nbsp; Sometimes markets will not let you get in.&nbsp; So far, that&#039;s been the case with gold the last few years, no big corrections.</span>[/QUOTE]</p><p><br /></p>

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