SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank Pembleton who wrote (35972)2/3/2004 5:40:28 AM
From: TheBusDriver  Read Replies (1) of 36161
 
Frank as you know TA is not my strong point. But I prefer the 100DMA for gold and usd over the 200DMA. Right now both the dollar and gold are bumping the 50DMA. I just cannot see the dollar going all the way beyond the 100DMA which right now is around 91. Think that is the line in the sand for the dollar.

Gold has already kissed its 100day, will it hold here? Not if the USD heads for 91. If that happens then your 200 day price of $380 will likely play out. Stay tuned. Its the dollar stupid<g>

Wayne
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext