Harmonic Trading with The Phoenix Message Board

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Strategies & Market Trends : Harmonic Trading with The Phoenix

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To: Jack of All Trades who wrote (817)	6/25/2003 10:39:50 PM
From: skinowski	Read Replies (1) of 941

XAU made a nice impulse down - best seen on a compressed 15 min chart - and then recovered a little. Looks like it needs to move some more up in order to retrace a larger portion of the decline - before making another (likely) move down. Looks like the index broke below the line which supported the uptrend since April 29.

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