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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: Terry Swift who wrote (42933)10/14/1999 3:10:00 AM
From: Alex  Read Replies (1) of 116764
 
<<Dealers said gold prices stayed at about $323 for much of today's
trading in Asia after it opened at about $322. With few players wanting to
take positions, gold trade was very sluggish today.
As gold prices managed to stay firm at above $320 in overseas markets,
Asia-based players expected the price to move up in the near term, with a
nearby resistance at $325, a Hong Kong-based dealer said.
Some investors are likely to shift funds from financial markets into
gold and this could trigger a further short-covering rally, some dealers
said.>>

futuresource.com
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