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Gold/Mining/Energy : Gold Price Monitor

GDXJ 142.09

+5.5%

Jan 22 4:00 PM EST

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To: long-gone who wrote (17113)	9/1/1998 1:59:00 PM
From: bobby beara	Read Replies (2) of 116902

RH, I've been looking over the charts and don't believe we will have one more bottom to put in Gold. There is heavy resistance around 287 and I believe we will retrace to there and make a retest or break the current lows. This should happen over the next two weeks if my theory is right we will have a cyclic low in the market and Gold around mid September. There is a Fibonacci turning point around September 14th. 144 days from the price peak on 4/23. bb

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