Friday, May 29, 2009

GOLD BREAKS UP OUT OF THE RED DOWN CHANNEL AND RETRACES UP 75% OF THE DOWN LEG FROM 982


Now, another high, or does gold retrace back down 75%
of this up move?
Dollar is at .79334 near the day's low at .7927.
Bonds are way up.
Dow is way up...up 137 or so on the close.
Yen is turning down a bit
Euro is sideways to down from its highs.
One hour to go until the close for the weekend.