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With the risk of boring you to death, I just have to post a monthly
GOLDchart Ihave been playing around with.
Beside all the other fib price relationships we find that the 78.6%
retracement of the $104 to $873 bullmarket is 268.6.
The 78,6% retracement level has time and time again proved to be a VERY
importand support
level. Perhaps because it's the LAST (before 100+ retracement) support if
we are to se higher prices.
Please also note the time relationsships from the important pivots since
1976.
My next post got some Astrostuff, so please delete if you think it's
garage...
Stig
Attachment Converted: "c:\eudora\attach\Monthgld.gif"
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