Tuesday, February 3, 2009

7:21AM PST GOLD RALLIES WELL, DOLLAR FALLS EVEN FURTHER TO .8548


The short term H&S pattern has played out
without driving gold down further in the
longer term H&S Pattern, which is still active
at this point.
With the dollar continuing to drop, it would seem
logical that gold would benefit, but with all the
manipulation gold will not rise as high as it
otherwise should.