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


To: Daveyk who wrote (7791)5/22/2001 11:13:45 AM
From: donald sew  Read Replies (1) | Respond to of 52237
 
Dave,

Looks like GOLD could break back below 280 within a few days. Right now around 283.

GOLD got as high as 298(SYDNEY MARKET) yesterday. Since the recent move was a breakout, I suspect at least another retest of 298, in the NY market. Hope GOLD drops closer to the 270-275 region - would feel more comfortable buying back at that level. Also the US DOLLAR is holding OK but not climbing with significantly - if/when the US DOLLAR drops that should also support another rally up in GOLD.