Monday, January 26, 2009

9:54AM PST GOLD STILL FALLING WITHIN THE DOWN FLAG


Dollar moves up to .8515.
All other markets moving sideways
Gold may hold at the blue uptrend line for about
a 61.8% retracement to 90690 which it just hit
and rose from. It just rose (after this chart snapshot)
exactly to the top white downtrend line of the down flag
and dropped, so it is continuing to trade within the
down flag