Monday, November 24, 2008

4:48AM PST GOLD DROPPING BUT MAY EXPLODE ON OR BEFORE THE OPEN


Notice that gold has broken out above the dark
green top line of the UP trend channel. It should
find support at the level on the pull back, but it
is not guaranteed.
I will redraw that green line to include the new
high price at 82430 which will then be the new
UP trend channel for now.