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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Tom Byron who wrote (9495)6/21/2000 10:38:00 AM
From: Hawkmoon  Read Replies (1) of 81507
 
what does one make of this london gold chart attached to the end of this posting from the longwaves group

Kinda reminds me of those charts we see batted about regarding the current stock market "mania".

And there is a SERIOUS gap still waiting to be filled at the $150/ounce level.

It also appears that when gold broke below $350/ounce, it may have nullified the concept of a wave three rise. I see the parabolic trend line from $50, $150, and finally $350 has been broken to the downside and now, as we all know, the market it bumbling around to find support in what some could equate to a descending triangle chart formation.

Sometimes it's good to see these really long-term charts on commodities. I appreciate your posting it Tom.

Regards,

Ron
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