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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.04+0.7%Jan 9 4:00 PM EST
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To: Roebear who wrote (13815)5/14/1999 2:31:00 AM
From: Zardoz  Read Replies (2) of 99985
 
"One observation I can make at this time is that gold and the XAU should continued lower after the damage done last Friday/Monday. They really have not and MAY be reversing."

Maybe it's a possible option covering pause? Or just a slight trend reversal. But if you look at the daily pattern on the spot, you'd see it's really a weak drag up.
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