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


To: pater tenebrarum who wrote (38918)2/3/2000 11:39:00 AM
From: Lucretius  Read Replies (1) | Respond to of 99985
 
the only thing that bothers me is that commercials are slightly short gold rt now



To: pater tenebrarum who wrote (38918)2/3/2000 2:33:00 PM
From: Yogizuna  Read Replies (1) | Respond to of 99985
 
In the XAU, I think that we are getting very close to a bottom here, but we are still having some difficulty getting over the 61 area convincingly, which has been pretty strong resistance for the index in the past two days.
Some short term support levels are at the 59.5 and 58.5 areas. Yogi