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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.87

+3.9%

Jan 6 4:00 PM EST

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To: SliderOnTheBlack who wrote (62463)	1/4/2001 12:33:54 PM
From: TATRADER	of 116842

agreed on gold having its day soon... the pattern on the XAU is clear..From July 17th time frame until September 17th, you had the formation of the left shoulder...From September through November you had formation of the Head, and now you are building the right shoulder...If the right shoulder takes as long as the left shoulder we are looking at approximately 8-10 weeks of time from January 1st...So by April 1st, you should have an XAU that has touched the 63-64 area.... Shopping areas: ABX in the 15.00-15.75 area NEM in the 16.50-17.00 area MDG in the 6.00-6.25 area AEM in the 5.87-6.00 area PDG in the 8.75-9.00 area.. HM in the 3.87-4.06 area... P.S. Note how the pattern of NEM closely tracks the XAU... Look for NEM to touch the 24.50-25.00 area in 90 days or less...

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