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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: Susan G who wrote (20977)7/21/2002 1:23:30 PM
From: TWICK   of 26752
 
Updated charts to my Jul 15th XAU comments:

XAU is trading within the box I plotted, even with the break through the bottom of the box, it bounced at the upper trend line, (purple)and is now back in the box. See daily chart. From a weekly view, it's still in the box.

I'm still looking for a possible double top to form in the next few weeks in the +$85.00 to $90.00 range But. Look at the daily chart. Something Bullish happening here. Looks like a classic W pattern is in the making. The two double bottoms of the W can be found at $70.00. And... It just completed a re-test of this pattern's bottom.

Can't wait to see how this pans out in 2 to 3 weeks.

Weekly: home.attbi.com

Daily (Close-up view showing the W pattern. High of the pattern at $80.00. Double bottom lows at $70.00): home.attbi.com

Link to my original post: Message 17736234

Twick
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