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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (27493)9/27/1999 8:25:00 PM
From: HairBall  Respond to of 99985
 
To All:

I updated the weekly combination chart I used in my last I-35 Road Kill Update. As alluded to in the update, the XAU broke as expected to the upside. The descending trend line (dark green solid line) that has been final resistance to rallies in gold since 6/96 gave in to the longer-term lower band of the 13 plus years sideways trading channel for the XAU (dark blue dotted line) today.

homestead.com

Don't forget to visit the MDA Supplemental Web Site on occasion. It has links to Web Sites of many of the regulars that post on the MDA Thread.

homestead.com

Regards,
LG