GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Wednesday, May 20, 2009
GOLD RETRACES UP A BIT FORMING A NEW RED DOWN FLAG, LOOKS LIKE GOLD WILL FALL SOON
Gold is toying with the down flag upper line, but volume is
not that great. There could be a sudden spike on big volume
as the Dollar flops, but I'm thinking that 'the powers' are
throwing everything they have at gold right now.
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