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


To: long-gone who wrote (43360)10/19/1999 12:12:00 PM
From: Rarebird  Read Replies (3) | Respond to of 116760
 
Interestingly, spot gold has retraced to the first significant fibonacci support level (38.2%), while the XAU has retraced to the even more significant fibonacci support level of 61.8% as we speak.

Investors appear to be afraid of buying into the next Ashanti margin call. Is this why the XAU is underperforming the Yellow metal?