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Gold/Mining/Energy : Gold Price Monitor

GDXJ 115.10

+1.1%

Dec 30 4:00 PM EST

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To: bobby beara who wrote (12198)	5/26/1998 10:08:00 PM
From: Tom Byron	Read Replies (3) of 116836

bobby: Just an observation. Noticed at the Gold Forcaster (XAU) site...http://www.wavechart.com/systemtrader/gold.htm that when one take a look at the "Intermediate Term" XAU chart, I see that a support line can be drawn on the CCI Indicator starting in late October, 1997 when the indicator was at -250 to today's low on the CCI indicator. That makes 4 bounces off the support line. Will be interesting to see if this is a true support line tomorrow. Yes?

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