For the charters
Gold
Richard Russell
Dow Theory Letters
April 23, 2003
Extracted from the 22 April 2003 issue of Richard Russell's Dow Theory Remarks
Gold has formed a potentially very powerful bottom formation.
Gold has formed a left shoulder, a "good" bottom with a low at 322.20 in June gold, and then a rally to 336.80.
A little decline now would carve out a right shoulder, following which a rally above 336.80 would complete the bottom.
More follows for subscribers. . .
Richard Russell
Apr 22, 2003
Dow Theory Letters
© Copyright 2003 Dow Theory Letters, Inc
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