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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST
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To: long-gone who wrote (59867)10/17/2000 11:49:26 AM
From: Rarebird  Read Replies (1) of 116764
 
Richard, it is difficult to pick bottoms in any Market. But we know in the Gold Market that the XAU usually leads the metal and the XAU has been hitting new lows here. The POG should follow suit at some point. But that could take place a year from now.

I would think an XAU that moves into the low 40's is a good entry point. Nothing wrong in scaling in there. I've had my buy limit orders in for a while.

PS No, I haven't bought yet. But it's getting interesting.
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