Tuesday, May 19, 2009

GOLD MOVES BACK UP A BIT ON LIGHT VOLUME


This volume thing has me concerned because it's so much
lighter than it has been. Apparently, gold traders have moved
on to other more active markets for the time being, which is
logical.
Why gold is dropping WITH the dollar is puzzling, but everything
is crazy recently, so what's new?
This most recent gold rally is failing and gold is now dropping
again, so it looks weak for today, unless there are a bunch of
bottom pickers waiting for a good drop to 91520 or just under
that to jump in. Could be..we'll just have to wait and see.