Friday, January 2, 2009

6:34AM PST GOLD PULLS BACK AFTER AGAIN BREACHING BOTH THE BLUE UP AND DOWN FLAGS


Dollar back down to .8242
Euro pulls back a bit, but is now moving back up.
Oil tops off at 44.70s
Dow up a bit on the open
Yen moving up
Bonds rounding over slightly at the 139s
Gold forming a dangerous little up flag or ledge
that it could fall from.