Gold has retraced a bit more than 75% of the recent
up move if you use the low at the TOP OF THE GAP
rather than the bottom of the gap.
I still think gold will fall back to fill the opening gap
before gold will rise above the current high at 8875
Dollar has been thrashing up and down in an abnormally
wide range in a very short time period.
Dollar makes a current high at .8622, currently down
to .8614
Euro has fallen out of an upflag at the bottom
of a precipitous flag pole as technically expected,
but has bounced a bit from just above the bottom price
of the flag pole and may have bottomed.
Just don't bet the farm on it.
