Dollar tops out at .8624, currently lower at .8607
Yen moves up well
Euro trending up
Bonds turning down after a slight rise
Dow angling down after a good rise and a gap up open
which should be filled by the market dropping back
a good deal, as gaps are always filled...eventually
Gold is now pulling back and is consolidating near
the top of the white down flag.
It may drop back down to the lower area of the flag
before moving higher, or could just keep going on
this light volume with spurts of moderate to strong volume
along the way until the momentum traders start to jump on
the bull wagon.
It's sort of a 50/50 propositon right now and not really possible
to call by anybody in the SHORT TERM.
LONG TERM...we all know where gold is going, and not too very
long from now.
We are entering the Spring/Summer doldrums for this market,
but that should not be a big problem as the world is in a state
of constant crisis, and not many folks are taking vacations and
stepping away from a market as important as this one is.
