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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

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To: Alex who wrote (23388)	11/25/1998 12:26:00 PM
From: cool	Read Replies (2) of 116796

Is my reading correct that gold is in reverse head and shoulders pattern? The definition at the Chartline site indicates that once the neckline is broken, a bullish buy signal results. The predicted price increase will equal the difference between the low at the top of the head ($272) and the neckline($295?) or $23 added to current price $295 equals $317 short term. Comments appreciated.

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