Sunday, April 12, 2009

SUNDAY 4/12/09 3:00PM PDST GOLD OPENS GAP UP, WILL FALL BACK TO FILL THE GAP THEN MAY GO BACK UP



After the gap up opening, gold runs up to the
white top line of the intermediate upflag just
short of the previous high at 8878 and is
now pulling back to fill the opening gap
It also broke up and out of the blue down flag
and may find some support at its top blue line
on the pull back, but is more likely to fill the gap