Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Byron who wrote (7117)	8/12/1999 11:49:00 AM
From: Rarebird	Read Replies (4) \| Respond to of 81239

Tom, the XAU is encountering enormous technical resistance at this level. This is the level where the XAU gapped down on that fateful day, May 7. I'm no chartist; but I do know that it will take a while to break through the nightmare of this gap. I'm wondering how you can be so overly optimistic about the XAU overcoming this gap on its first try. My experience here has been that it will take some backing and filling and a few attempts before the XAU succeeds.