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


To: patron_anejo_por_favor who wrote (37731)7/9/2002 7:57:54 AM
From: Jerry Olson  Read Replies (1) | Respond to of 52237
 
PATRON

here's my take on the gold futures...

they hit near term support at 309...any rally up to 316 is the double top area..your stop would be 319...318 is o/h R...the chart looks more volitile each day...

on the XAU a 3 box reversal back up would be 76, another lower top to short there...it then would set up this index to break anther double bottom at 68 falling to my ultimate downside target of 62 at the BSL Line...

there are however some excellent looking gold stock charts in this current trend...

however i do not trade gold...

regards

OJ