Friday, June 5, 2009

GOLD MAY MOVE LOWER, ALL WAS WELL IN THE OTHER MARKETS, BUT THINGS ARE JUST NOW REVERSING


DOLLAR MOVES UP TO .8060



DOLLAR AT .8044
EURO, OIL, DOW TURN DOWN A BIT
YEN UP A BIT
BONDS BOTTOM OUT AGAIN AND TURN UP A BIT
GOLD MOVING TOO FAR DOWN RIGHT NOW
PAST THE FIRST NORMAL 75% RETRACE POINT
MAY RETEST THE LOW OR GO LOWER BEFORE
RE-RALLYING