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Non-Tech : The Woodshed
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To: big guy who wrote (5643)5/1/2004 2:21:45 PM
From: Square_Dealings  Read Replies (1) of 60907
 
big

good eye on the three crows. looking at the daily chart on June gold futures it looks like a head and shoulders pattern that projects to 368. so maybe that fits with your 362 triangle breakout.

from where we are now gold is a clear buy at 400 and HUI at 215. otherwise bottom fishing is fine on spikes down to 150 HUI, 368 gold, but for the moment we are in no man's land imo.

Im not sure if the dollar does turn down that gold has to go up, at least not immediately.

M
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