Gold is definitely 'respecting' that down trendline.
This can go on for quite a while if traders are
making money off the back and forth in this
trading range. Why spoil a good thing...right?
This range gives a trader $500 per contract moves
both up and down at a minimum, until it doesn't
and spikes, or drops, against you and takes a good
Dollar has dropped further to .88095
Dow is up over 22o points.
Oil moving higher to the 47s
Bonds moving down
Euro moving up