Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Tom Byron who wrote (9126)	4/11/2000 1:29:00 AM
From: Zardoz	Read Replies (2) of 82019

the weekly xau index chart with slow stochastics shows at the bottom of the chart, the slow stochastics attempting to turn the corner...:) ya saw it here first folks...ya have to know when to hold and know when to fold...me...i'm holding.....:) You paint a lovely story but try looking at the a shorter time period. bigcharts.com bigcharts.com What you are witnessing is the last climb of the spot gold which is near a precipitous decline. The fast and slow Stochastic is pointing to the FACT that this climb is a technically fake out rally. The XAU has already reflected this. This coming pattern should be very similiar to the Nov 99 patterns where gold and the XAU plunged. You should see the stochastics stay below 20% for 1-1.5 months. The parabolic SAR for gold is suggesting that said demise should start near monday. Hutch Long term TA is un reliable unless you consider economical conditions. A 5 year pattern for gold is meaningless unless you consider the exchange rates and monetary basis. New multi-decades lows are coming.

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