This column was originally published on RealMoney on March 3 at 11:56 a.m. EST. It's being republished as a bonus for TheStreet.com readers.Harmony Gold ( HMY) and Compania de Minas Buenaventura ( BVN) are still my top choices to play the rise in gold. If Comex gold closes above my monthly pivot of $570.90 Friday, I expect prices to rise through March to set a new 52-week high -- indeed, the chart could go parabolic. Investors and central bankers are continuing to buy more gold, and demand remains high for gold jewelry in emerging economies, with many families being first-time buyers. Gold is below its Feb. 2 high of $579.50, and it held its 50-day simple moving average at $538.10 on weakness into Feb. 14. There is overbought momentum on the weekly chart; weekly closes above the five-week modified moving average of $548.60 would support a move to higher prices. My semiannual pivot of $551 should now serve as semiannual support.
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