Friday, August 28, 2009

GOLD BREAKS OUT ABOVE THE YELLOW DOWNTREND LINE AND PULLS BACK FOR A FURTHER MOVE HIGHER


Well, GT stayed up until about 3am pdst again, then passed
out and hit the snooze button and then didn't wake up until
almost 9am missing this beautiful move (not that I would
have jumped on it when it happened!)
This move just proves that gold is going much higher very
soon. The Crimex manipulators are capping it right now,
but it will just go right back up. So far, gold has pulled back
75% of the up move but could move down to the white uptrend
line before rallying. It could re-rally before the close or in
afternoon trading before the weekend close. I've seen some
outrageous rallies in pre-holiday Fridays like this.