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

To: goldsheet who wrote (93796)	2/26/2003 9:49:26 AM
From: Real Man	Respond to of 116811

Strong long-term resistance area in the 80-90 range for XAU. I expect it to break it at some point sooner rather than later. Last time gold was above 400, XAU traded at 150. I think a strong rally in gold stocks will come, similar to gold breakout of the 330 range, if gold continues up after this correction. HUI formed an 8-month old triangle, and the resolution will be sharp. More likely up then down, because there are too many shorts in it already, who may become trapped.