GOLD-XAU Message Board - Msg: 3194315

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Gold/Mining/Energy : GOLD-XAU

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To: IngotWeTrust who wrote (1129)	1/17/1998 2:15:00 PM
From: Tom Byron	Read Replies (1) of 1756

old 49r: Follow up to the Xau Cycle stuff. Might want to take a look at Y.Auger's 10 weeks cycle on his daily XAU chart (I prefer a 9 1/2 weeks cycle, but that's another story). It looks as though we need to finish off the 10 weeks before we start the jet engines. Could end up doing a "triple bottom" in the current 10 weeks cycle before it ends. End seems to be around the end of Jan or very early Fed. Notice 10 day Rate of Change chart at bottom. Hope this help in the ongoing f'ggering out of the direction of the XAU. Do feel that the low is in just need to get this 10'er out of the way. URL is mgl.ca

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