Gold opens up $2.50, then falls with the Euro
and almost hits the 75% retrace point at 851.
It is on the high side of the white downtrend
channel and could fall further.
Sunday is not always the optimal time to trade
gold. Wait until after midnight pst tonight to see
what the foreign markets are going to do. Best
to wait until the Comex opens to see the effect
of weekend's political actions. There is no rush
to trade gold in these highly manipulated markets.
If you own cash gold...GO BACK TO BED!
