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Gold has traded in a range of $1,354 to $1,370 today…it went into decline following the announcement this morning of the resignation of Egyptian President Mubaruk who has handed over control to the military…while there is jubilation on the streets of Egypt today, the possibility of turmoil down the road certainly exists as a new political power structure tries to form after Mubaruk’s three-decade reign…a lot of eyes will be on what transpires with the Muslim Brotherhood as there is certainly danger with that particular group…things are definitely changing in the Middle East and we believe this has bullish implications for Gold and oil…as of 10:30 am Pacific, the yellow metal is down $4 an ounce at $1,359…the 50-day moving average at $1,373 is an area of stiff resistance that Gold needs to overcome…our outlook for an eventual breakout is very favorable based in part on the action of the CDNX…Silver is off 18 cents at $30.03 while the U.S. Dollar Index has climbed one-third of a point to 78.55…the CDNX is 8 points higher at 2356…a lot of technology, energy and potash plays have been prominent heavy traders on the Venture recently, but this morning Eagle Hill (EAG, TSX-V) is the sixth most active stock on volume of over 8 million shares…Eagle Hill reported assay results this morning from Windfall Lake including 94.50 g/t Au over 6.25 metres….EAG is currently up 3 pennies at 31 cents…EAG’s long-term moving averages are turning positive, so the stock is certainly worth putting on one’s radar screen and doing some fresh due diligence on…John updated the chart for Adventure Gold (AGE, TSX-V) which has been showing impressive strength the last three weeks after briefly dipping below its 100-day moving average (SMA) January 20…AGE is currently off a penny at 50 cents…the chart is saying AGE could go much higher…we like this company’s projects a lot – not just their presence at Granada, of course, but their other key holdings including Pascalis-Colombiere (drilling started there in December)…strong bids persist in Gold Bullion Development (GBB, TSX-V)…there has been significant accumulation of GBB in recent weeks…it appears from the trading that some “big players” are taking positions or adding to positions…in any event, something seems to be up…more results are expected very soon from Granada and they of course will determine GBB’s next move…the LONG Bars Zone has consistently delivered positive results over the last year and we see no reason why that’s going to change…GBB is currently down a penny at 74 cents…yesterday we again mentioned Visible Gold (VGD, TSX-V) which is strong today, up 4.5 cents to 44.5 cents on volume of over 500,000 shares…this is a company we like a lot and the chart shows that its retracement from an all-time high of 70 cents in early December has run its course…VGD is an emerging aggressive player along the Cadillac Trend with $9 million in cash and some promising properties, one of which (Silidor) is currently being drilled…technically and fundamentally, we see Visible Gold as one of the best opportunities right now among companies searching for Gold in northwestern Quebec…they have also partnered with Cadillac Mining (CQX, TSX-V) on over 7,000 hectares of land west of Rouyn-Noranda, which is another reason we like Cadillac so much as well…given the exploration success that Vantex Resources (VAX, TSX-V) is enjoying at its Galloway Project, we believe Visible Gold will be targeting Cadillac’s properties immediately adjacent to Galloway for drilling as quickly as possible…it appears mineralization trends onto the joint ground held by Cadillac and Visible Gold…one of our readers posed a question this morning regarding Everton Resources (EVR, TSX-V) which is up a penny at 33 cents…for patient investors this remains an outstanding opportunity at current levels in our view…the rising 200-day moving average (SMA) at 27 cents is providing rock-solid technical support, so the downside risk appears to be very limited…of course we are extremely bullish regarding the geological potential of the Dominican Republic where Everton’s exploration efforts are focused…the company has other valuable projects which it has strategically farmed out…