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Gold/Mining/Energy : Silver prices

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To: goldsheet who wrote (5360)	6/7/2002 3:17:55 PM
From: Claude Cormier	Read Replies (2) of 8010

<Gold and silver seem to be have indigestion at $4 and $325, respectively.> You mean $5 for silver. <There's strong resistance at these levels and it is theoreotically possible we get very stuck here.> Once EWT scenario is that we bottom between 76-78 and then move back up real fast to 110. This is my favorite scenario for now. The next one is this was the top and we are heading back below 60 to complete wave 4 of a contracting triangle. Technical analysis does not always work. But it is fun to use it to see what is possibly coming. For sure on the fundamental side, producers and many explorers are really expensive at the moment.

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