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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (13501)4/29/2008 3:26:08 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 29622
 
Re: GLD targets...if we're in an ABC correction from the highs, the target (A=C) would be around 80. The H&S target would be down at 73, but it's not that great of an H&S (right shoulder higher than left, symmetry etc). The middle tine of the fork also points to an ultimate low at 80, but that's falling fast and could be a lot lower by the time we get there. XAU:gold and HUI: gold ratios say we're a lot closer to the bottom than 80, who you gonna believe?<G>