Tuesday, April 21, 2009

GOLD DOWN 50% OF THE WHOLE MORNING'S UP MOVE AND BELOW THE BLUE UPTREND LINE, MAY GO LOWER TO THE 75% RETRACE POINT AT 87330


Bonds falling
Dow rising
Euro rising
Yen falling
Oil rising
Dollar falls to .86625
Everything supports a gold rise...BUT?
Gold LOOKS like it wants to drop to the 75% retrace
point BEFORE it rallies...it's all a guessing game right now
to me.
Gold volume has become very light at this point