Trade the Cycles

Wednesday, August 30, 2006

The XAU Probably Won't Fill It's Upside Gap at 146.39 From Monday's Open

The XAU probably won't fill it's upside gap at 146.39 from Monday's open in the near term given how bearish the picture is cyclewise.

For recent action, see http://finance.yahoo.com/q/ta?s=%5EXAU&t=5d&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c. Watch NEM's downside gap at 50.97 from today's open, the XAU's downside gap at 143.99 from today's open, and, at 140.77 from 8-21, which are likely to get filled this week. ....... http://www.JoeFRocks.com/