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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (9615)12/20/2001 7:06:05 PM
From: Square_Dealings  Read Replies (1) of 19219
 
JT

Gold price is following the Euro sort of on a one or two day delayed action. The euro was pulled back real hard to retest the breakout of the downtrend line. So far gold has done the same thing, yesterday's sharp pull back was caused by COMEX traders running the stops and shorting heavily.

Euro looks like its starting a new leg higher against the dollar today.

M.
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