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


To: ItsAllCyclical who wrote (69980)5/22/2001 2:13:15 PM
From: ItsAllCyclical  Respond to of 116762
 
Options would lead me to believe that NEM will pullback to 20 by June expiration (15th)

quote.cboe.com

Bringing the XAU probably back to 55-58. A correction of that magnitude is healthy for the long term.

Of course options are only a very small part of the equation, but they were right about a big move post April. (See my posts back in April).

If the Dollar goes on to new highs and gold stays relatively strong that'll also be a good sign for the long term.