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With the jump in gold this morning, this fibonacci zone chart of the XAU
might be of interest. The daily trend has been up and the weekly fib zone
has been providing resistance. A weekly close above 72 is needed to change
the weekly trend to up. That would put the XAU above its weekly Triple
Switch(white dashed line) and above the weekly fib zone.
BobR
Attachment Converted: "c:\eudora\attach\xauF1216.gif"
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