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Re: FinancialAdvisor post# 8935

Saturday, 06/11/2005 6:12:04 PM

Saturday, June 11, 2005 6:12:04 PM

Post# of 25966
Gold/Euro trading range

I'm keeping an eye on this. IMO i will correlate with gold beginning an actual bull, not just inverse USD
This trading range has gone on for a good while.
We need to see a breakout, and confirmation
I don't know if we're there just yet
Indicators are pretty overbought an now that the news is out the money bet against the euro will come back, short term, as profit is locked in.
I'm still looking for gold under 400 on the gold/usd later this year.

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