Wednesday, April 15, 2009

GOLD LOOKING WEAKER AHEAD OF THE CRIMEX CLOSE


Dow up over 40 points
Bonds still falling
Euro inclined up a bit
Oil falling after a brief rise
Yen moving sideways for now
Dollar hits a new low at .8520,
currently up to .8528. overall trend
is retracing this morning's up move about 50%
Gold falling below the white up flag. Can easily fall
to the bottom of the blue down flag where it meets the Intermediate Thick Blue uptrend channel bottom line