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


To: Serge Ladouceur who wrote (43439)10/21/1999 12:51:00 AM
From: John Paquet  Respond to of 116762
 
This run of correction for gold price is done, $306 Dec will gain strong support, and gold will resume its bull run again.

Despite Dow has two strong day rally, Dow is in a bear market, last weeks Dow got tanked 600 points, these two days, Dow got some back 300-400 points, which is normal, a typical bear rally. DXY has bear rally as well as Trade deficits announced looked for excuse to rally a bit, but DXY is in a bear trend ,too.

XAU hit its low today, and ready to move forward and upward.

Gold will start its bull mode again, $306 DEC I see the low.

decisionpoint.com

Nothing would change my view of gold bull market unless gold goes down below that $300, and Dow hit above that 10,650, other wise, I see gold $360, and $417.50 by year end and January 15, Y2K.

Dow I see 9,000 or 8,700 or 7,500.

IMHO!!

John Paquet

decisionpoint.com

decisionpoint.com