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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.67

+0.4%

4:00 PM EST

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To: bobby beara who wrote (9794)	4/15/1998 7:22:00 PM
From: bobby beara	Read Replies (2) of 116856

GPM 10,000 - Down after 10,000 : - ) sorry just couldn't resist taking that number -ggg- iqc.com XAU update: XAU found support on the middle channel line around 84 area. You can draw the outer channels (top) from December peaks to April high at 91 and draw the lower channel along the rising bottoms. The lower channel shows support at around 78. We could drop as low as 78 and still maintain the uptrend. With no POG breakout and market continues climbing as it has, could see further erosion in XAU. bwdik Have been getting an big increase in number of cold calling brokers lately - sign of the times? bb

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