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

To: Casaubon who wrote (44023)	10/27/1999 1:55:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 116816

It will do whatever is necessary to frustrate the meaning of that trendline. It's the only way that gold can fall all the way up. You can see frustration beginning in the XAU. It rebounded today which it had to in order to save the line, but the structure is ominous. In other entities that structure is significant, but not with the capricious nature of gold price. The filling of gaps in the commodity markets is not as meaningful as it is with industrial stocks. Gold had a breakaway double gap and it is likely to fill both which has the ancillary effect of frustrating the ST uptrend. While bullion is filling the lower gap many gold stocks are breaking the uptrend. Pure frustration and that is what a bull market start is all about.