Thursday, May 7, 2009

GOLD KEPT 'PICKING' AWAY AT THE HIGH UNTIL IT TRIGGERED SOME BUY STOPS, ABOUT 1400 GOT TRIGGERED, WITH A QUICK PULLBACK


Now gold will try to find support at the top white
line of the long uptrend channel, but DOESN'T
and falls to the bottom BLUE line of the shorter
term uptrend channel. That move will make all
traders get very nervous and bail out to hang on
to their just made quick profit.