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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (4663)	9/25/1998 11:18:00 AM
From: Stoctrash	Read Replies (1) of 44573

Yes..the XAU is impressive and I'm wondering if we have a BIG TIME fundamental change going on here, I kinda think so. The DXY as Ike/IQ & I have pointed out could be the ticket to ride for the XAU. A break of 80-81 on a weekly basis would kill the downtrend line I have dating back to May of '96. Looking at a monthly DXY chart, that thing has pleny of room South...so if it happens, the XAU could rock and roll. some more to refresh: techstocks.com (Just don't jinkx it...and I'll love ya man!!!) GGG

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