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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (7687)5/21/2001 7:06:43 AM
From: donald sew  Respond to of 52237
 
Take a look at the SPIKE in GOLD overnight in Australia. Got as high as 298, then sold off almost all of their intraday gains. Looks like GOLD may be coming to a short-term top with that action, which lines up with my DAILY and WEEKLY CLASS SELL signals on the XAU. Not expecting a strong pullback, just maybe a relatively small dip for a buying opportunity. From the early APRIL LOWs around 255 to last night's Aussie HIGHS - GOLD did move about 43 points, which is a significant move in a short period of time - could be a time for some sort of pause.
acthttp://www.kitco.com/charts/livegold.html