Wednesday, April 1, 2009
6:35AM PDST AS USUAL, IT ALL GETS TAKEN BACK DURING THE CRIMEX SESSION
Gold is still within the down flag and is currently
having trouble moving up and out of it. Volume
here is light. It has to move up quickly or the
sellers will move in and knock it much lower.
Gold continues higher for now, but here are
the possible down retracements if another right
shoulder forms and golds fails to rally much higher
Gold may find support at the white downtrend
top line again. If not, it will fall much lower.