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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: IngotWeTrust who wrote (9516)	4/7/1998 10:23:00 AM
From: bobby beara	Read Replies (8) of 116764

Hello 9'er. XAU Update. iqc.com The XAU hit it's price target yesterday morning and now has completed wave 1 and 2 of it's correction wave. Wave 3's are the biggies, so the correction should start accelerating now. I would expect that we would get a hard bottom in the high 70's and then go into an indecision triangular pattern. XAU is way ahead of POG and needs to take a breather. POG also needs consolidation before the next up move. Did anybody join me in shorting CCI or YHOO yesterday? : - ) bb

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