gold has to move up here, or it will continue lower as the momentum buyers will get nervous.
There was a good dose of buyer that jumped in on that last low, about 1000 contracts in 2 minutes.
The move up is building now.
The dollar is slipping lower, but I am not giving that much creedence to any of the other markets.
Gold is trading on its own from here on out.
Bonds falling, Oil up a bit, Yen down, Euro up
All looking good for gold.
