[RT] Re: [TimeandCycles] XAU...time for a bounce

[Ben <profitok@xxxxxxxxxxxxx>]

attach is my long term trading for gold,

it is closer to a floor than a ceiling,

and showing bullish divergence,

this only trades 1-2 times per month!!

gold also had a volume reversal on 9/2,

9/2/08 was also intra day low

bullish gold!

Ben

----- Original Message -----

From: kcorjsb

To: TimeandCycles@xxxxxxxxxxxxxxx

Sent: Monday, September 08, 2008 7:02 PM

Subject: [TimeandCycles] XAU...time for a bounce

The XAU will probably start a good bounce from here. Today's new low
slightly undercut the 50% retracement of the '00-'08 rally, but time
is now coming into focus as well.
Here's what I've got for today's low...

1. 2*89 c from and exc the ATH
2. 55 c from and exc the 7/08 top
3. 89 t from and exc the 5/08 btm
4. 123 (Lucas) t from and inc the ATH
5. 3*162 t from the '06 low
6. 2.33 yrs from the '06 top (233 is Fibonacci)
7. 2*988 t from the '00 btm (987 is Fibonacci)

There are others, but these are the most interesting.

Price-wise, a move to 157-158 or so, then a renewed drop to the 105-
106 area around 10/24????

FWIW

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