Tuesday, April 14, 2009

GOLD MOVING LOWER THAN SHOWN HERE


Good volume (487 contracts) in one minute
hits gold and drops it just below the 75% retrace
point at 889.70
Gold weakening rapidly


Selling 'asks' are in the double digits and seem
to be outnumbering the 'bids' to buy.
Gold should be going lower to fill the Sunday opening
gap