Wednesday, April 15, 2009

GOLD RISES TO THE TOP OF THE WHITE UP FLAG WHICH RESOLVES DOWN


Gold has now retraced past two of the 75% retrace points, the third is a 89810.
Up volume is decent but tends to fade after a
few minutes of the up move. Gold is very near, or
at, the point of pulling back, as many of the traders who didn't get on on the morning price collapse will be eager to salvage what they can by selling out at the top of this retracement