Wednesday, April 8, 2009

NEW THICK BLUE UPTREND CHANNEL LINES REDRAWN TO INCLUDE THE NEW LOW


NOPE...gold vaults up on 236 contracts to go
beyond the 75% retrace point at 88620 and
a bit higher than the thin blue downtrend line.
Can it keep going?
Dow moves back up with Euro and Oil.
Yen and Bonds moving down
Dollar currently steady at .8574.



Gold starting to labor on its up move. May


fall here suddenly, then re-rally