Monday, April 13, 2009

GOLD STILL TRADING ON VERY LIGHT VOLUME WITH OCCASIONAL PULSES OF MODERATE TO STRONG VOLUME WHICH FADES IMMEDIATELY


Gold suddenly hits the 75% retrace at 900 on
930 contracts then pulls back









This technical pattern suggests a move higher



in due time, but with the light volume and the



Sunday opening gap to be filled, I think gold



will fall back before going much higher