Friday, March 13, 2009

7:07AM PDST QUITE A THUMPING GOLD TAKES, GOT MANIPULATION?


The bounce. Wait for a retest of the low.
It'll probably go lower before any rally worth
trading. Volume is decent, but gold isn't moving
up fast enough to make it worth jumping in
anywhere but on an extreme low.



The bounce isn't very impressive here even

though gold dropped to the blue lower line

of the uptrend channel