Wednesday, February 25, 2009

7:46AM PST GOLD MOVING UP GRADUALLY OUT OF THE DOWN FLAG


Gold stops just short of the 75% retrace point
on it's gradually rise. A pull back to the top
white line for support? Then up further?
It's all a guessing game at this point as there
is nothing else that you can use to predict which
way or how high gold will go except the speed and
volume of the price action, which I cannot possibly
post for you in time to do anything about.



Dow, Euro, Oil, Bonds, Yen all falling

Dollar hits .87975

But gold is still moving up

Gold is a currency and is trading as such.