Thursday, April 23, 2009

GOLD MAY FALL MOVING INTO THE CRIMEX CLOSE


Bonds up
Dow moving up but still off 5 points from yesterday
Euro up
Oil up
Yen sort of sideways
Dollar falls even lower to . 85955
Falling dollar, if it's not boosted by the PPT, should
help gold rally AFTER it pulls back into the close.
IF...gold manages to make a high above the right shoulder
it will have to break up and out of the down flag to do it.
That 'might' negate the sell off I predict, but doesn't mean
that gold will make a much higher high than the 910 we
already achieved today.
Tonight is another story