Thursday, January 29, 2009

7:00AM PST GOLD PULLS BACK AFTER A FEROCIOUS RUNUP


Hopefully, gold will find support around 886
which is the previous top just exceeded.
And it appears to be doing just this.
This is typically a good support area of any
move like this. This move up seems to be
independent of influence by other markets
and is a result of roll over activity