Sunday, January 18, 2009

4:25PM PST GOLD FALLS FURTHER


I have no data on the dollar right now.
Will gold fall further, or rally from here?
Without complete data, I am reluctant to deduce
gold's direction.
Euro is off its high of 1.3364, currently at 1.3340
Yen is moving up...moves opposite gold.
Buyers are moving into gold on the bid side right now.