Wednesday, February 4, 2009

6:05AM PST GOLD LOOKS LIKES IT'S GOING DOWN


Logically, gold should be exploding, but the TA
keeps saying it's going down or, at least, going to
be held down around this area or slightly lower.
Dan Norcini gives you the support areas in his
comments. These markets are simply for gamblers
taking quick profits for now.
Volumes are light this morning and all the markets
are flailing up and down rapidly, so it's very hard
to post usable info on them because as soon as I
post it, it's going the opposite direction.
Right now gold is starting to move up and could
explode ( I hope!) There is no more news today
that will affect the market except the way the
Dow trades or who will get caught not paying taxes
amongst our great leaders.