Wednesday, May 13, 2009

GOLD SEEMS TO HAVE FOUND SUPPORT AT THE OLD WHITE DOWNTREND LINE, MOVING HIGHER ON VERY LOW VOLUME


Just hit the 75% point at 9283
and then jumped higher on 200+
contracts. Could be the last blast
before pulling back as the last
hopeful buyers jumped in to
catch a ride on momentum that
may not be there. Yet gold IS
moving higher taking out the day's
high