AU

I bought a substantial amount of AU yesterday at its 10 month m.a.. The chart posted is a monthly view. For me this is great entry point and we will see how it play's out. I have been waiting patiently for price to test that moving average. Notice during the uptrend since Nov 08 to present anytime price hit the 10 month (green line), it was a pretty good time to enter and be patient. Also I notice how the 20 month m.a. (blue line) has just turned up in Nov 09, so this signals strength to me and that the current trend should have some more time and juice left in it.
I know the dollar chart looks problematic for precious metals at the moment. However the DXY is still below its 200 day m.a.. This dollar strength move should coincide perfectly with gold and miners hitting their respective low's as the dollar tops out at its 200 day. Anyhow there is no guarantee that this inverse relationship has to remain as it has been.
If this happens to be an incorrect assessment, then my entry on AU is at a low risk, high reward entry area and my losses should be minimal.
I will be watching it closely and intently.