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To: goldsheet who wrote (52290)5/3/2000 6:28:00 PM
From: TATRADER  Read Replies (1) | Respond to of 116796
 
61 is critical on XAU..Use a 30 period Bollinger, it is quite reliable on XAU trading ranges..Has range from 61 to 53.50...More critical is that we don't take out 55.79 on the low..We take it out, kiss this short-term bull market goodbye...



To: goldsheet who wrote (52290)5/4/2000 8:19:00 AM
From: Enigma  Read Replies (1) | Respond to of 116796
 
I guess the 60 level was breached in 1998. Still we're close to it, but it is no longer important in itself.