MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (7868)	5/24/2001 11:07:33 AM
From: J.T.	Read Replies (2) of 19219

Notice how they are assaulting gold right now. Gold was up over 4 bucks this morning and now down nearly 3 bucks. A huge reversal. XAU was up over $1.50 and it is now down. Cycle low due today for gold/XAU +/- 1 day. MITA 7868: ...<Intraday low right above my high band PM to you at XAU 60.66. My target XAU pullback XAU 60.50 - 59.50. XAU cycle inverting into a low right into the new moon today. The buy in later today or tomorrow in Rydex XAU Precious Metals and gold stocks>... Best Regards, J.T.

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