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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (3864)	8/4/2002 9:56:34 AM
From: sylvester80	Respond to of 89467

GFI at $17.15 in late May, $10+ now. AU at $35 in late May, $20+ now. $XAU at $90 in late May, hit $55 in late July and $63 now. I do expect rallies from these 50% retracements but the fact now is that from a TA perspective, gold has broken down and is now in a short term downtrend. It is probably going up to touch the upper band of the down channel, but short term down trend channel it is. What happens longer term is anyone's guess. BTW, is there a tracking stock for $XAU out there (similar to QQQ on the $NDX)? Thanks.