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Gold/Mining/Energy : Gold Price Monitor
GDXJ 120.00+2.0%Dec 22 4:00 PM EST

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To: Bobby Yellin who wrote (10242)4/20/1998 10:26:00 AM
From: bobby beara  Read Replies (1) of 116822
 
XAU Update:http://www.iqc.com/chart/default.asp?symbol=$XAU.X&chart1=ma&period=120&time=30m

We are now in the process of tracing out a 5 wave pattern from 4/15 which would be wave 4 of a 5 wave corrective pattern.

If this pattern plays out we should have a sharp reversal from this mornings rally.

bwdik,
bb
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