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


To: TATRADER who wrote (58128)9/14/2000 1:15:16 AM
From: PAUL ROBERTSON  Read Replies (1) | Respond to of 116759
 
Mark,

XAU should hold support at 53 as the XAU and most of the stocks broke out of spread tripple top formations {cup and handle } at and in around this area on their sixty minute charts.
The 55 level now provides for what i think will be rather minor resistance. Beyond this i think the mid ninety level will be attained quickly. We now have very nice divergences on the daily gold and weekly XAU. The hourly, weekly and monthly XAU stocs are turning up from low levels. As you might guess, i am very bullish.
Read Bill Murphy's update tonight. Hats off this evening to him and the Gata gang as i think they may very well have proven the true potential of this market. Let the games begin. Should be fun..........

Paul