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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: Eva who wrote (209)	9/12/2003 2:25:47 PM
From: Andrew	Read Replies (2) of 29622

I dont think that it will damage the move. The long term trendline extends to 365 around the end of this month. I'd rather not see gold make a parabolic move. Support at 365ish and then to 415 - 420. I've been wrong before and will be again but this is how I read the chart. My call is for 420 early next year, maybe in DEC. I think everyone has gotten ahead of themselves here calling for 400 this month.

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