Friday, October 31, 2008

6:14AM PDST GOLD FORMING A COILING FLAG ABOVE THE WHITE DOWNTREND CHANNEL TOP LINE (support area)


Once again, a very weird market today. No
real follow through strength in gold, but no
major pullback on the open rally, which is good.
However, the longer gold fiddles around at any level,
this more likely a sell off becomes.
Euro isn't very strong, Dollar is staying up for now.