MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Daveyk who wrote (7907)	5/25/2001 10:49:26 AM
From: J.T.	Read Replies (3) of 19219

Positive divergence in gold/gold stocks. Gold Bullion down $3.40 testing important support at 275 while XAU is up 40 cents to XAU 59.73. We need bullion to hold 275 close today. We can have one false break close below this level but if we have 2 closes below 275 spot I will get out of gold stocks. Best Regards, J.T.

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