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Strategies & Market Trends : Classic TA Workplace

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To: Square_Dealings who wrote (80305)	8/31/2003 7:35:45 PM
From: John Madarasz	Read Replies (1) of 209892

Take a look at the $ vs Comex Gold since the July 16 lows for AU... the relationship is pretty normal actually...gold went higher while the $ went sideways and built momentum to break out of the tri...i think that 97.50 area could be pretty strong support...$ could still go sideways agn and build more momentum, and gold could still move higher here due to the very strong cycle tendencies in play. I kind of think that's what will happen...GC COT's notwithstanding ;~) boomspeed.com

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