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


To: russwinter who wrote (68397)4/28/2001 4:00:54 PM
From: Tom Byron  Read Replies (1) | Respond to of 116760
 
will the xau weekly close of next friday be able to close above that 89 ema (expotential moving average) line that it
has only been able to do one time since the beginning of this bear market in gold which started in early 1996?

bigcharts.com

the only time it did close above that line, it turned out to be the mother of all bear market traps for the gold stocks

Right now it is poised AT the 89 ema line....let's see what it does by next week's closing..