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Gold TeeChart

Ron Rosen
Jul 6, 2004

Sometimes the simplest charts are the easiest to read. This monthly chart of Gold shows a flagrant non-confirmation of the down side price action... monthly stochastics have not seen this recent low since price was in the $250s... price did not come down with stochastics... stochastics are headed up with Gold price in the $400 area... the lines are almost crossing into positive territory. Once they do, price should be heading higher in a hurry. The peak appears to be months away and it could be much higher.

July 5, 2004
Ron Rosen
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321gold Inc