Thursday’s Gold Stocks Trading; (TSX.V: YLL), (TSX.V: GBB), GLD, NGD

Gold Hits New Record Highs

POINT ROBERTS, Aug 19, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks reports on trading in junior and leading gold mining stocks for Aug 18th for avid gold investors.

after February top, clear medium term relative weakness for NAK. Topping formations in metals and relative weakness in precious metals stock vs gold and silver price. Notice also NAK difficulty to close above the opening price. Waiting for a break of support to short, heading to the 200 days moving average.

new trades: NAK short: sell stop 13.68, stop loss 13.92

Investors trading stocks in the stock market today will keep looking out for stock picks they feel will make them a good return. They watch the stock market and analyze all the data from news on the economy to political situations. If things are positive, then they will look for those companies posting the best profits. However, this is during the good times and bull market.

With another round of quantitative easing just starting and gold making another new high last week there is a very good chance gold stocks will rocket higher in the coming 8 months. I have been following Millrock Resources Inc. because of the team involved with this company.