Wednesday, July 29, 2009

YEN MAKING NEW LOWS, OIL AND EURO ATTEMPTING TO MOVE HIGHER, DOLLAR AT NEW HIGHS


Very hard market to call with the dollar rising, but other
markets appearing to want to begin to support a gold rally.
If gold rises, it could find resistance at the old blue bottom
downtrend line shown which will now be redrawn to include
the new lows just made.