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To: parcival who wrote (30617)5/2/2000 8:24:00 PM
From: pater tenebrarum  Respond to of 42523
 
parcival, since the whole move of the XAU from the high of September last year IS the falling wedge i have often referred to, one should expect the whole downmove to be erased in this rally. at least that's how a break of this formation to the norm would play out. so challenging last September's highs is a realistic high probability expectation at this point. but expect a bumpy ride...the XAU is notoriously volatile.