Gold hits the 75% point and stalls at the blue
bottom line of the uptrend channel, which is a
normal place to find resistance on the move back
up
May coil and go higher, but this doesn't appear
to be a strong move up. But, at least, gold didn't
fall off the ledge, which is a posistive sign
of some strength .
Dollar is moving up, currently .8733
Dow, Oil and Euro all moving down
Yen sideways
Bonds moving up
I don't think gold is going to spike here. It has
just hit the 75% point at 92270 and pulled back
quickly. It should pull back
