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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: long-gone who wrote (48353)2/7/2000 2:06:00 PM
From: goldsheet  Read Replies (3) of 116762
 
Seems like buy on the rumor, sell on the fact.

The XAU gapped up from 68-to-70 this AM, traded for about 3 hours in the 70-to-72 range, then gapped right back down to the 68 area. There is a real nasty looking technical island sitting up there. Makes me wonder if we are going back to fill the Feb 4 XAU gap between 61 and 63, and maybe retest $300 gold ?

Disclosure: Still long ABX @ 16.50 from 1/24/00.
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