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Non-Tech : Invest / LTD
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To: Lucretius who wrote (5354)11/12/1998 8:53:00 PM
From: Broken_Clock  Read Replies (1) of 14427
 
LT I'm not a big proponent of a head and shoulders but this looks like a perfect example of a reverse H&S, ya think? On golds prolonged drop from 400 in 96, it would 'retest' the previous break (i.e., it would break down through 360 then try to push back above it, fail, then head for 340, etc,).

The bounce off of 290 looked mighty good. Establishing a support above 300 would bring a lot of new money into the xau IMHO.
tfc-charts.w2d.com
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