Friday, January 30, 2009


Gold moved up after the quick sell off as it
usually does. It struggled after reaching the
first 75% retrace point at 91740, so I took the
profit I had which was substantial and am glad
I did, because gold is looking like it may move
back down to test the low once again, or at least
pull back before moving higher. Either way,
I made money...YAY!
All the other markets are moving down right now,
and the dollar is up. But gold goes up anyway, so
I'm not paying much attention to the other markets.
If I had, I wouldn't have made these last two trades
and made money from the very profitable short moves
in gold trading.