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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (16755)12/30/2002 5:25:22 PM
From: E. Charters  Read Replies (1) of 82019
 
By trend line analysis, which means nothing at all to brave men, the minimum support level for one year is 330 out to February and 340 beyond that. The peak in January could be 340. On the other hand, support lines are probably minimums. While 350 failed to break for long, it is obvious that is was broken only briefly as part of a peak, so we cannot expect it, with the trend established to become a support base for at least 2 months minimum. Gold however has a mind of its own in its tendency to trend upward quickly, breaking all estimated resistance levels for several days at a time.

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