Friday, November 21, 2008

7:10AM PST GOLD SPIKES UP ON VERY STRONG VOLUME


Gold moved up independent of the Euro, Dow,
etc.
It could be that some big traders wanted to get
into gold before the Turkey Day Holiday.
Right after gold topped at 77990 (the 7737 posted
on the chart is wrong), it sold down
rather quickly and is still dropping.
I have been tied up trading and moving funds
around so I haven't been able to post, but
I should be able to post some more now.
Problem is, that when the market moves so fast
I can't trade and post at the same time, and I have
to trade first.