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Strategies & Market Trends : Strictly: Drilling II
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To: ItsAllCyclical who wrote (26604)1/25/2003 2:56:23 PM
From: gold$10k  Read Replies (1) of 36161
 
ItsAllCyclical,

As I have posted here previously, I believe that XAU is a better indicator of sector sentiment than HUI. Yesterday was a clear breakout.

bigcharts.marketwatch.com

I expect a pullback at some point, but will wait for the market to give me an indication. The next XAU resistance point is 89.11, but the December breakout from the 6 month triangle has a target of 102.

vt
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