Wednesday, February 18, 2009

6:02AM PST GOLD MUST KEEP MOVING UP HERE


Gold has built a ledge that it can fall from.
It must violate that pattern by moving up.
It's good that it is churning higher, but things can
change in an instant if traders get bored or tired waiting for the move to continue.
Euro has turned down again, but the other markets are headed in the right direction to support a move up in gold.
Dollar at .8808 after hitting .8791