Tuesday, May 5, 2009

GOLD BREAKS UP AND OUT OF THE DOWN FLAG ON STRONG VOLUME AND APPROACHES THE NEXT 75% RETRACE POINT AT 918




Dollar has dropped to .83755

Bonds move higher to just above previous highs

Oil spikes higher on lower dollar

Euro rising

Yen also rising

Gold tests the high at 9163 and moves a pinch higher

on fairly strong volume for 2 minutes then pulls back