Tuesday, April 28, 2009

GOLD RETRACES 75% OF THE LAST DOWN LEG, STILL LOOKING VERY WEAK




Gold could fiddle around like this for some time

and then do something dramatic all of a sudden

in EITHER direction. You won't see it coming

unless you are watching all the markets for the

move as it builds to the trigger point.

The dollar and the Euro are the best markets for

leading indicators.

Dollar is back down to its lows

Euro is rising.

This should indicate rising gold, but look what's

really happening at gold...manipulation at the Crimex.

So just keep your eyes open and wait for a good low

to buy in and then watch gold go up in the afternoon

and over night. Then the manipulation cycle starts

all over again the next day at the Crimex.