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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (26258)1/22/2003 9:16:42 AM
From: longdong_63  Read Replies (1) | Respond to of 36161
 
Yep, I agree Little Joe. That downtrend line is the key battle IMO. 325-331 was very important but this war is the bigger one. If we can get beyond this, we have confirmed buy signal LT for a bull market.



To: Little Joe who wrote (26258)1/22/2003 1:43:30 PM
From: Claude Cormier  Read Replies (2) | Respond to of 36161
 
<I have recently reviewed a chart of gold that goes back to 1978 and it shows a 15 year trendline which appears to touch current prices at the 358 level. >

I can't visualised this line.

the-privateer.com

The only line that is anything close to what you suggest is from 7 to 9 on the above chart.

From this other chart:

the-privateer.com

The trendline resistance is just above $365.

I think the $345-$365 as the critical zone that will be form major resistance.

Also this one shows current resistance..

the-privateer.com

Correction would be welcome. Looks like moving above that zone will confirm bull market. I may not need for $414 confirmation.