Friday, March 6, 2009

7:53AM PST GOLD MAY TOP THE HIGH A BIT AND PULL BACK TO CONSOLIDATE THEN GO HIGHER


OR....it may top the high and pull back a good bit
I will only know what's happening as it happens...
Sorry 'bout dat!
Volumes are fairly moderate to strong, but not
strong enough to make me think a big break out
is about to happen. This move back up has been
very gradual.
Bonds, Oil, Dow, Euro all moving down which should
drag gold down too. Dollar hits .8855