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Strategies & Market Trends : Moufassa's Lair
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To: moufassa7 who wrote (12293)3/27/2003 6:55:25 PM
From: DlphcOracl  Read Replies (1) of 13660
 
And now, back to business. With respect to gold.....

.....it continues to drift lower with HUI now at $114.35 and XAU at $62.21. I was looking for support at HUI $120 and XAU $63-65. How much more downside do you think gold has before it resumes its long-term uptrend? Or, do you see any reason for it to continue drifting lower?
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