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


To: E. Charters who wrote (89386)9/8/2002 2:18:23 AM
From: goldsheet  Read Replies (1) | Respond to of 116796
 
> Ok. I know you don't reply to my postings

I reply to many of your posts, you need to review my past replies.

> but rhetorically I guess, tell me what the trend of continuous upward movement in gold for the past two years means?

It could mean we have returned to a "fair market value" and may not go much higher or lower (temporarily rangebound)

> Is gold to return to its lows again soon?

Should hold over $300

> Is this supported historically?

Many past gold rallies have run 24 months then stopped.

> What do its non stop assaults at 330 mean?

We are testing resistance.
Look at the long-term chart and draw a line at $330
it used to be a support level in the past
goldsheetlinks.com

If you reading my posts carefully, I have said we are in a trading basing area,
which we will eventually get out of to the upside with $350 probable and $400 possible.

> I think you are missing the trend

I caught the run from $250-330, so I think you are worried
about me catching the next trend not the last one.
I can assure you I know what I am doing, but am not sure if explaining
and justifying my every thought on GPM is a worthwhile use of time.