BullMarketRun.com

Both gold and the CDNX are currently performing as we had predicted last month…gold dipped to $1,118.50 overnight but staged a strong rebound and is now up $3.00 at $1,133.00 after running into resistance at $1,140, a barrier we expect it will break by next week…the Venture Exchange is looking to rise for the 10th consecutive trading day and break the $1,600 level, still well off our projection of at least $1,950…Seafield Resources (SFF, TSX-V) enjoyed a strong day yesterday, reaching a new 52-week high of 25 cents…we don’t believe its big move has really started yet, though, and traders may wish to lock in profits and re-enter on a pullback if the stock breaks past .25 and goes into the upper 20’s today…Seafield is getting into an RSI zone and Stochastics territory (overbought) where it has retreated from before…our “big picture” outlook on Seafield has not changed, however…Gold Bullion Development Corporation, our next “Seafield“, is trading at .12 this morning, up half a cent…