.......More Federal Reserve Bank Credit Backtesting

Federal Reserve Bank Credit +$9,549 Million = +$9.549 Billion the week ending 11-16-05. The XAU spiked dramatically higher on 11-16 (16-Nov-05 XAU cycle low = 107.86 and cycle high =114.29) and rallied four more sessions before a short term downcycle occurred. Federal Reserve Bank Credit is looking like a great lead indicator. It appears that I've discovered a new important indicator that's probably very important for short term cycle trading