Yamana Gold Inc. TSX: YRI - Break above the 50 MA, Strong bullish momentum - UPDATE - 2.15% up

Yamana Gold Inc.  TSX: YRI - Review May 24th, 2011.

Strong move today, however on average volume.  The MACD is signaling continuing upside momentum with the RSI just getting above 50.
With today's move in Gold to 1527, Yamana Gold (YRI) is poised for continuing upside.

Below is a live Gold chart from Kitco:

UPDATE May 25th, 2011:

Up 2.15% today, with continuing momentum.  However, Today's rally seems to be on lower volume so be cautious.