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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Jim Ilchyshn who wrote (41326)9/28/1999 2:09:00 PM
From: John Paquet  Read Replies (3) of 116764
 
You are absoluetly correct. Gold DEc hit $329 for a minute or so, indicated gold indeed penertrated that $325 important barrier, unfortunately profit takers swamp in especially those day-traders in the future pits.

Now what gold will be trading in the range of $325 and $305 for the next 3 trading days or 3 weeks.

This rally will pause for a while then buyers will be in the up hand, hopefully Gold will break that $325 and heading $400 which it is supposed to, for sure though, there is no more gold below that $300 any more, good for the change of that status above that $300 mark.

John Paquet
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