Gold is in 2 down flags, red and blue.
Both resolve up.
The Indicator Markets are starting to be supportive of
higher gold, although the dollar is not moving lower. In fact,
it is forming a down flag which would resolve up...so be
careful.
We are approaching the time when the markets become
more active in overnight trading in the next 45 minutes.
Gold could start movng up briskly, only to pull back just
as fast. I don't bet on any extended moves anymore. I
take my profits as quickly as I get them, whatever size they are.
