Financial Market Analysis
By Shawn R. Carpenter
Thursday, January 25, 2007
2 plays in Gold
Here are two ideas that I have been watching as of lately. GSS and BGO are looking prime for upside momentum. As each one is not a major player in this space, I am looking to see if these two companies might be ripe for a buyout from some of the larger names. The possible breakout points can be seen on each chart as 1/22 prices have traded above the recent downward resistance level. I am more attracted to GSS as the larger formation seems to suggest that the price has consolidated at the 3.80 to 2.40 level. With metals trending higher, I suspect these two to follow suit. ¶ 8:30:00 AM
Here are two ideas that I have been watching as of lately. GSS and BGO are looking prime for upside momentum. As each one is not a major player in this space, I am looking to see if these two companies might be ripe for a buyout from some of the larger names. The possible breakout points can be seen on each chart as 1/22 prices have traded above the recent downward resistance level. I am more attracted to GSS as the larger formation seems to suggest that the price has consolidated at the 3.80 to 2.40 level. With metals trending higher, I suspect these two to follow suit. ¶ 8:30:00 AM
![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
