SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: isopatch who wrote (11070)7/9/2001 7:52:31 AM
From: Arik T.G.  Read Replies (2) of 52237
 
Gold comment,

Gold managed to take out the June low only marginally.
Now anything over 272.5 will be VERY bullish.
I expected this down leg to reach the low 260s, and we can still visit there, but chances for that will diminish with each day passing.

It looks unlikely that we'll visit the 255 low, so if that somehow happens, it would require a thorough rethinking.

Dollar index had no follow through on Thursday's move, and looks odd. A possible ending diagonal forming, will be proven if it trades below 119.3 before making a new high.

ATG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext