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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: da_cheif™ who wrote (4147)8/18/2000 12:39:33 PM
From: J.T.  Read Replies (1) of 19219
 
da cheif, XAU has since pulled back 5% + from overbought levels from XAU 54.48 to now 51.77

5 RSI is back below midrange at 42.36. Heading to oversold 30 level in just two + days.

Cheif, what is your short term prognosis for XAU and gold over the next few weeks? Gold bottoms from 20 year bear market in 2001??

Best Regards, J.T.
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