Gold starting to look weak, may head down now.
Dollar has risen a pinch from its .8464 low to .8480
Euro is at the top of a long run up and seems to be
topping right now
Dow moving down, but still up 64 from yesterday
Bonds erratic but moving up in steps
Oil trending down short term
Gold has now done its morning dance and has
not sold off yet, but may, if the little blue down
flag doesn't resolve higher. Volume during
'the dance' was not tremendous, and has gone to
the light side for now. Gold has been moving on
spurts of moderate to strong volume which
immediately goes light for long periods.
Dollar down, Euro up on fairly long trends in those
directions which both should support higher gold,
BUT NOT NECESSARILY, as you have seen.
GOLD IS ITS OWN MASTER FROM NOW ON!