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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.67

+5.0%

Nov 10 4:00 PM EST

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To: Rarebird who wrote (47427)	1/25/2000 12:53:00 AM
From: Keith Monahan	Read Replies (1) of 116753

What XAU "major sell signals" are you referring to? The way I see it (as do other technical traders I have talked to), stochastics are oversold and there are upside gaps in many gold stocks and the XAU to be filled. Having said that, we are clearly at an inflection point, and any further declines would not bode well for gold and gold stocks. But for now, I am long, and looking to increase my position into any rally after the BOE auction.

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