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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: Little Joe who wrote (29718)	3/10/1999 9:18:00 PM
From: Broken_Clock	Read Replies (2) of 116764

LJ....Gold still has buyers in Asia tonight. It is now up 40¢ and has been as high as 60¢ above NY close. I think this rally has a ways to go and will get a boost from the oil price spike as well. I am thinking we may top out a week from this friday, and I am am looking for $305 on the April contract before we pull back to about $295...setting a "higher low" pattern in place. I also think we test $320 by 1/1/00, minimum.

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