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To: John Pitera who wrote (49510)6/25/1999 4:12:00 PM
From: NickSE  Read Replies (1) | Respond to of 86076
 
Given the amount of bearishness associated w/ gold, I think news like this is helping us establish a base here.

The XAU chart below shows a double bottom made at 59 and is now in the process of completing a P&F diagonal triple top buy signal if it should break 64 (intraday). Major resistance is all the way up at the descending '*' line (aka Bearish Resistance Line)

204.232.40.6

edit...XAU strengthening at the end here...
finance.yahoo.com^XAU&d=1d



To: John Pitera who wrote (49510)6/27/1999 9:21:00 AM
From: NickSE  Read Replies (2) | Respond to of 86076
 
I just noticed the XAU chart I gave you the other day was not working. -ng-

Here it is again if your still interested...
204.232.40.6

The XAU chart below shows a double bottom made at 59 and is now in the process of completing a P&F diagonal triple top buy signal if it should break 64 (intraday). Major resistance is all the way up at the descending '*' line (aka Bearish Resistance Line). Intermediate price objective of 71.

Nick


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