Monday, April 13, 2009

GOLD SPIKES UP TO THE TOP LINE OF THE INTERMEDIATE UPTREND CHANNEL, STALLS, PUSHES A BIT HIGHER ON STRONG VOLUME


The extra push higher to re-test the high, then
gold starts to pull back on profit taking and any
pressure from bullion bank selling pressure.



Gold could spike higher, but looks like it may

stop here and pull back. Could pull back deep

on profit taking and manipulation.