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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.43-4.5%Nov 20 4:00 PM EST

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To: sea_urchin who wrote (31081)4/2/1999 1:37:00 PM
From: John Hunt  Read Replies (3) of 116764
 
Re XAU Chart

Hi Searle,

The weekly XAU chart looks like a bullish reverse head and shoulders is forming, particularly when you look at the improving MACD (higher lows) as a proxy for the missing volume that is necessary to confirm the H&S.

iqc.com

IMHO, blue skies are on the horizon.

:-))

John
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