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To: Moominoid who wrote (165378)3/26/2008 12:11:16 PM
From: Galirayo  Respond to of 209892
 
The 70.00 area here is just the right rim of the multi year cup. 20 would be the bottom area.

There's a bigger measure that might be in play .. and another leg up from here. 120 seemed reasonable. 1200 for gold.

It's playing out well on the 3 year horizontals.

stockcharts.com



To: Moominoid who wrote (165378)3/26/2008 12:30:56 PM
From: Galirayo  Respond to of 209892
 
I worked up the XAU before I realized I had GLD data too.

Looks something like this.

Message 24360566