Tuesday, April 28, 2009

GOLD MOVES UP NEAR THE PREVIOUS HIGH TRADING ON VERY LIGHT VOLUME AND VERY SLOWLY, COULD BREAK OUT SUDDENLY, THEN QUICKLY PULL BACK ON PROFIT TAKING




If gold doesn't breakout here and continues to

trade in this fashion, it will probably cause traders

to bail out and sell out of pure boredom.

The indicator markets are moving against gold

right now.

Dollar up to .8573, a very small move

Euro, Yen moving down some

Dow is back down off 34

Bonds trending down. (be sure to read Dan Norcini's

comments on bonds from yesterday at jsmineset.com)