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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Fitz who wrote (37344)	7/19/1999 1:42:00 PM
From: long-gone	Respond to of 116764

this is "the list" I watch every day: techstocks.com you might want to copy it to a new port. for you to follow.

To: Fitz who wrote (37344)	7/19/1999 1:46:00 PM
From: Robert J Mullenbach	Read Replies (2) \| Respond to of 116764

Fitz, take a peek at this. members.home.net XXXXXXXXXXXXXX I am not too sure if the current decline is over or not but PDG is telling us a short term bottom is close at hand. For the XAU the next support is 58.20. Once the decline over, if not already so, expect a rally.. Even if PDG is clearly showing an impulse wave from the June high, the decline in the XAU is not as foretelling. So we must leave the door open for a larger rally, at least for the XAU. Besides, Gold is finishing an impulse wave on its own and can be ready to move back up to first resistance @263, a previous fourth wave high and the 23.6% of the decline that started in March. So for this week, moving above 60.50 will be the first signal the bears are taking a break for several days. Resistances are 61, 63 then 64. Moving beyond that will increase the odd we are indeed in a flat and XAU is going back to at least 67.60.