
Friday, April 3, 2009
Thursday, April 2, 2009
10:48AM PDST GOLD PULLS BACK FROM SHORT OF THE NEXT 75% RETRACE POINT AT 91140
9:45AM PDST GOLD STALLS AT 9075, NEEDS TO BREAK THRU THAT AND 908 TO MOVE UP TO THE NEXT 75% POINTS

Quick, short pull back, then a charge higher?

Gold holding at 90780. Should break through
any minute unless it breaks down here.
volume is very light

A little bigger view. Gold is now pushing above
9075. the 'W' formation should resolve up the
right leg that we're on right now at least to one or
both of the two 75% retrace points shown.
8:57AM PDST GOLD MOVES HIGHER, BUT IS NOW PULLING BACK

Gold is nearing the previous top at 908 and 975
where it was turned back earlier. It should be
able to break through this time as momentum
back up is building steadily rather than in spikes
which can retrace quickly.
Dollar is moving lower, currently at .8478
Bonds, Dow, Yen, Euro, Oil all moving higher
at the moment
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