Actually it looks to me like an establishing down-trend! http://www.kitco.com/charts/popup/au0182nyb.html Top, Correction, Failed second top, Correction, Lower third top. Fundamentally, we would now need to see the $340-341 support lines before the market tries again to brak the first.
In a slightly longer term scenario we are still in an uptrend, but barely ( http://www.kitco.com/LFgif/au00-04.gif ). Anything below $350 in the next five days or below $356 after that and all bets are off because then the chart is back in the 8 year downwards trend ( http://www.kitco.com/LFgif/au95-pres.gif ). Of course, if one allows for the fact that all these charts are Gold in USD and that the dollar took a major beating itself, then the market is in real terms falling for quite a while now. Cheers, Robert. budget & privacy website hosting http://www.cyberica.net budget & privacy domain registrations + mail http://www.u2planet.com/cfdomaintrust.html --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
