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To: JEB who wrote (42459)4/26/2002 8:02:15 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
XAU will edge up to 79-82 area and fail at that point, all XAU rallies are mostly fear based imho, with ME violence and lot of tanks, embargo talks, evil of axis that includes major players XAU most often than not benefits the most. The world from my perspective is moving towards more safer environs fwib, if this continues Gold will be deserted again, like it has been many times in last five years.. I will be taking form purely technical point a long between 87-105 and short below 71.. now it is in no man's land break out neither here nor there.



To: JEB who wrote (42459)5/14/2002 6:32:45 PM
From: IQBAL LATIF  Read Replies (3) | Respond to of 50167
 
Has the XAU broken, our take on 28th of April when XAU chart looked real good ..

I would like to see what happens next as markets pick up..

Friday, Apr 26, 2002 8:02 PMView Replies (2) | Respond to 42575

XAU will edge up to 79-82 area and fail at that point, all XAU rallies are mostly fear based imho, with ME violence and lot of tanks, embargo talks, evil of axis that includes major players XAU most often than not benefits the most. The world from my perspective is moving towards more safer environs fwib, if this continues Gold will be deserted again, like it has been many times in last five years. I will be taking form purely technical point a long between 87-105 and short below 71. Now it is in no man's land break out neither here nor there.

The XAU chart after the break today as it tested that 81 area....

finance.yahoo.com^XAU&d=c&t=5d&l=on&z=b&q=l