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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: blind-geezer who wrote (25422)4/10/2005 12:01:34 AM
From: SwampDogg  Read Replies (1) | Respond to of 60899
 
But is that "do or die"?
Another 20% is just a trip to the lower past of the range for the last couple of years. My point is that it means nothing technically and therefore is of no significance to the PM bull market. I would love somebody to bring up a case that shows that the bull would be damaged TA wise.

Support on the $XAU for example is at 90, 80 and 75.
It would only be a break below 75 that would even break the major trend.
$HUI trend is 140.

BTW noticed that Ag is in backwardation again with the April trading over the May. Not really bear market stuff.