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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

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To: goldsheet who wrote (88247)7/24/2002 9:04:17 AM
From: Real Man  Read Replies (1) of 116753
 
Gold at 305 and dollar 106 is roughly the same in other currencies as gold at 267 and dollar 121. Also, XAU has currently retraced 61.8% of the rally since 41 in November 2000. HUI 50% retracement level is 85, 200 DMA is 93, 61.8% retracement is 109.

Excessive speculation in gold shares is no longer the case.
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