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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%Nov 12 4:00 PM EST

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To: Richard Mazzarella who wrote (35149)6/11/1999 8:07:00 AM
From: TATRADER  Read Replies (2) of 116756
 
The XAU is in a 60 by 63 pattern..I am looking for a move to 67.50..
The ADX has been flat for 4 days at 16..Negative trend has been halted..Ultimate Oscillator which I use in mature trends and sideways markets, showing bullish pattern..Not as low as the last time prices at these levels..Pring KST and MACD Histogram ready to approach zero line..BOE news has already been figured into mix...I bought 2000 HM yesterday below 8...Will see how it behaves when XAU hits my first target area of 67.50...Good to hear from you Richard...I still believe my call of June 1, 1999 as beginning of new bull market in gold will stand...That day we had NEM at 16 11/16...Regards, Mark
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