Monday, April 6, 2009


Gold halts this rally at the 75% point and pulls
back. It is also stopped at the thin white downtrend
line. The up volume is nothing to get excited about.
These rallies are all getting sold off as gold moves
down until it bottoms at the 75% retrace fib

Gold rallying on light volume. I still don't think
gold will go higher than 87440, but will instead
drop lower to the 75% retracement fib. This
blue up flag resolves down