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Strategies & Market Trends : Strictly: Drilling II
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To: gold$10k who wrote (7910)2/15/2002 5:49:24 PM
From: t4texas  Read Replies (1) of 36161
 
don't know waves, but i do think gold miner longs are a nervous bunch. slight move down in gold after london closed, and it was sell, sell, sell. when we see what "new" things japan is going to try this weekend and next week, there should be some gold chasing going on.

when i look at the xau chart in the past several sessions, it looks like it is flagging right across its upward moving channel. it appears to be a setup for a move above 72. let's see.
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