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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (2262)	11/23/1999 4:50:00 PM
From: Paul Berliner	of 3536

All - any predictions on how Gold will move after the BoE sale of 75 tons (or tonnes!) on Monday? It seems a given that gold will continue rising right up to the sale point as memories of September's overnight ascent are still fresh in our minds. How gold will behave afterwards is a mystery to me, though. I am long a Canadian gold stock because the technicals on bullion are looking very good. It appears that good completed an approx. 68% retracement (Fibonacci) down to the high 280s and has since come back strong. Chart: partner.futuresource.com use this site if you have problems accessing the chart: cresvale.com

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