Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Monday, April 20, 2009
GOLD FALLS TO THE 61.8% FIB AND BOUNCES
The bounce/rally fades. It might attempt a 2nd rally, but they all seem to lack energy after a few ticks up. Gold now needs to find support at both the blue and white top trend lines where they intersect