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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (9010)10/17/2001 1:11:32 PM
From: J.T.  Read Replies (1) of 19219
 
Spot Gold closes up $1.10 to $282.40 after being up over $2.

XAU hit an intraday high up 82 cents to 56.21 (now 56.02)and we are now in the + 1 day carryover of the new moon.

For the market to do my bidding for me, I would like to see at least a minimum partial fill of the upside gap I mentioned yesterday at XAU 56.82 - 57.10 today.

If this materializes, I will most likely take profits in Rydex XAU Precious Metals this afternoon and await re-entry on the pullback over the next few days.

Best Regards, J.T.
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