Wednesday, June 3, 2009

GOLD GETTING SQUEEZED INTO A TRIANGLE FROM WHICH IT WILL BREAK OUT, BUT WHICH WAY?


Right now the direction for gold seems to be DOWN,
Due to the high dollar, low Euro and Oil
and the Dow moving down
Yet gold is now moving higher above the
blue and red upper trend lines as I type...

but stalls at the top and quickly falls on moderate volume