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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.61+3.0%Dec 19 4:00 PM EST

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To: Enigma who wrote (92401)1/3/2003 9:30:23 PM
From: E. Charters   of 116815
 
There is a possibility of a range between 580 and 770 developing. A safer historical support range for the last 650 years is from 350 to 450 dollars. Both could exist in the same time frame, one being the support and one being the resistance range.

Even the 12 year gold bull between 1975 and 1987 had 3 bear years and 2 sideways years.

The bears were

1975 -40,
1976 -5
1981 -310
1983 -70
1984 -73

EC<:-}
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