To get a handle on how high gold/silver could go short term, I am using a fib projection chart for XAU (gold/silver index). The initial correction from January high is a place to start. This gives us a potential to 177.92, 61.8%. That would probably put the June gold contract around 735/750.
This entry was posted
on Wednesday, May 10, 2006 at 9:06 AM.
