Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: goldsheet who wrote (65010)	3/6/2001 4:36:51 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 116752

The TGL is acting better than the XAU. Closed just about at the high of the day today as the XAU closed nearer the low than the high. The TGL is a pure gold index in contrast to the XAU.

To: goldsheet who wrote (65010)	3/7/2001 6:50:56 AM
From: TATRADER	Read Replies (3) \| Respond to of 116752

XAU has posted 5 higher lows off the break day...It has not even come back to support at 50.50...The flag pole measures at 47 by 54, with the pennant consolidating in the 52-54 area...Thus you add 7 points to the low of the consolidation area at 52, giving us the next target of 58.50-59 on XAU...The longer term head and shoulder target is 64 XAU...I am now fully invested again in my gold stocks, and ready again for the next run...Note the 1 month lease rates are over 4 percent, another sign that we go up from here...There is a difference in this run from what we have seen..The gold stocks themselves have held strongly inspite of the manipulation in the POG...Further, we haven't had strong lease rates like we have seen in a long time...Finally, our normal huge sell-off in XAU just isn't happening this time...