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


To: goldsheet who wrote (88247)7/23/2002 3:51:37 PM
From: long-gone  Read Replies (1) | Respond to of 116753
 
<<Do I try to catch a falling knife with 20 minutes left in the day or wait until tommorrow ?>>

Haven't we seen over & oer agian where the last 5 minutes are the highs of the day - in the silver miners at least?



To: goldsheet who wrote (88247)7/24/2002 9:04:17 AM
From: Real Man  Read Replies (1) | Respond to of 116753
 
Gold at 305 and dollar 106 is roughly the same in other currencies as gold at 267 and dollar 121. Also, XAU has currently retraced 61.8% of the rally since 41 in November 2000. HUI 50% retracement level is 85, 200 DMA is 93, 61.8% retracement is 109.

Excessive speculation in gold shares is no longer the case.