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Gold/Mining/Energy : Gold Price Monitor

GDXJ 110.89

+1.8%

Dec 10 4:00 PM EST

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To: bobby beara who wrote (8539)	3/19/1998 4:53:00 PM
From: bobby beara	Read Replies (1) of 116810

Good news and bad news Bad news: XAU made a minor breach of it's trendline Good news: ABX market leader held it's trendline. POG higher! (silver the reason for XAU weakness?) T-bill has it's own ascending triangle and is bouncing of the lower end of the interest rate trendline, which indicates rates are going higher from here. quote.yahoo.com^IRX&d=2y Why? Nikkei sitting on a critical support line and they may want to boost their equities by selling our bonds. bwdik bobby

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