Thursday, May 28, 2009

GOLD 'SHOULD' FALL BELOW THE WHITE DOWN FLAG ON PROFIT TAKING AND MANIPULATION


NEW DOWN FLAG LINES DRAWN
and gold moves above that flag too!
and even makes a new high by a tick!
May be the last gasp for the gold bulls here
and gold will now take it all back
Bonds are moving higher
Dow up 30
But the other markets aren't doing anything significant
Dollar slips to .8084
and gold backs off from the just made high



But, no sooner do I post this headline, but gold move up

above the down flag on about 100 contracts