Monday, January 5, 2009

8:07AM PST GOLD STOPPED BY THE TRENDLINE AND WEAKNESS AFTER THE BIG SELL OFF


Gold falls 75% of this morning's up move
and buyers are NOT moving in strongly yet.
This market probably has longs very nervous
and waiting for a firm bottom
Dollar fell to .8351 but is up now at .8377
Euro fell some with gold but is now moving back up with gold