Monday, May 4, 2009

GOLD MOVES BACK UP TO MAKE A SLIGHTLY HIGHER HIGH, AND PULLS BACK, A TOPPING MOVE, NOW GOLD FALLS?


Gold tests the blue downtrend line twice and
stalls. Will probably retrace on profit taking,
but could consolidate here and move higher.
No news of the reason for the spike yet as
things are moving too fast to post and analyze
at the same time.
Bonds falling greatly
Euro rising
Down rising
Oil rises but is topping
Dollar falls to .8455