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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Tom Byron who wrote (7117)8/12/1999 11:49:00 AM
From: Rarebird  Read Replies (4) of 81226
 
Tom, the XAU is encountering enormous technical resistance at this level. This is the level where the XAU gapped down on that fateful day, May 7. I'm no chartist; but I do know that it will take a while to break through the nightmare of this gap. I'm wondering how you can be so overly optimistic about the XAU overcoming this gap on its first try. My experience here has been that it will take some backing and filling and a few attempts before the XAU succeeds.
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