Tuesday, February 3, 2009

7:28AM PST GOLD MOVES BACK UP MORE THAN 100% OF THE LAST DOWN LEG, DOLLAR STILL DOWN AT .8550


It sure looks like gold is going to make a fast
run up to the 75% retrace point at 91590 at least
Gold has now formed a very short term REVERSE
HEAD&SHOULDERS Pattern which resolves UP!
It is now forming the right shoulder and should
move up.