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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Ken Reidy who wrote (18284)	11/26/2003 9:21:37 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

I was referring to the right here and now regarding those comments. Gold Bulls could have taken out $400 on a CLOSE in today's illiquid market and failed to do so. It was the perfect opportunity to get north of $400 CLOSE. It Did Not Happen. It closed today at $396.50 NYSE Spot. Up $4.90/oz after being up over $8.40. I am Bullish intermediate and long term gold. Just making the case short term gold is in for a smart pullback. Gold is still in that trading range as far as I can see. Gold $392-$400. The range is getting a bit wider over the last few days now $389 - $401 NYSE Spot. It nailed support and resistance levels this week. The jury is still out for the final verdict if I am correct on the short term pullback.. I am more open minded about gold than you may recognize. Happy Thanksgiving.