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


To: gold$10k who wrote (75898)9/6/2001 8:00:27 AM
From: long-gone  Read Replies (1) | Respond to of 116822
 
<<and so did HUI...

stockcharts.com

and gold is in a trading range between 271 (its 50 dma) and 275.

stockcharts.com

The 50 dma could hold or we could break down to the 200 dma, which isn't all that far (except for HUI).>>

Does HUI Vs. XAU mean anything until after the HM ABX merger is said & done?



To: gold$10k who wrote (75898)9/6/2001 9:09:15 AM
From: EasyWay  Read Replies (3) | Respond to of 116822
 
<<I wouldn't expect anything major to happen before next Wednesday's BOE auction.>>

Do you feel something may happen that will jump-start this lackluster price action? My own feeling is gold (basis Dec) should have been able to maintain the 275 level and we are now struggling to reach it. To make matters worse, this struggle is congruent with an impending disaster in the S&P which should translate to more positive news in gold. I do not understand the positive action in the US dollar while the S&P is falling. Why would these 2 not be related?

Easy



To: gold$10k who wrote (75898)9/6/2001 3:23:55 PM
From: long-gone  Read Replies (1) | Respond to of 116822
 
Anyone else note how the price always makes a rally just prior to recent BoE sales? Why don't some of the mining firms play this trend?